Define uniform cost manual

Question

Give a brief introduction of the term ‘uniform cost manual’. And also write down its different contents?

Answer 1

Uniform cost manual is a document that sets down the common accounting principles, techniques and processes for the ascertainment and manage of cost. The movements of this manual offer the instructions to the organization to devise their system of accounting in such a way that the principles of uniform costing can be correctly uniformly and execute.

The contents of Uniform cost manual are illustrated below:

i) Introduction
ii) Cost Accounting System
iii) Organization
iv) Miscellaneous
v) Presentation of Information