Advantages and Disadvantages of Uniform Costing
Advantages
1. It enables costs to be compared simply
2. It makes it easier to computerize the accounting system of different organizations in the industry.
3. It leads to easier cost transferability among organizations.
Disadvantages
1. It may not be suitable or proper to an individual organization in the industry if there is a difference in structure and size.
2. It is slow to adopt changing demands and conditions.