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A Group Presentation
 Contents & Members

i Introduction Naveed Tahir

i Needs
i Objectives Sharjeel Razzaq
i Installation Nauman Azam
i Advantages Muhammad Aslam
i Limitations Hafiz Umer
i Summing Up Waqas Akram

A Group Presentation
 Uniform Costing

u ŒUniform Costing refers to a

system of costing under which
several under-takings use the
same costing principles or
practices͟ (CIMA official
terminology)

A Group Presentation
 Need for Uniform Costing

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A Group Presentation
Objectives of Uniform Costing
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A Group Presentation
 Uniform Costing

iImplementations of Uniform Costing

iInstallation of Uniform Costing

A Group Presentation
 Advantages
TO MEMBER UNIT:
i[acilitate Cost Comparison Among Different Units
iComputerized Accounting System can be Maintain for All Member Units
iEncourage Standardization of Material And Labour
iRevels Profitable And Unprofitable Products
iHelp the Member Units in Cost Audit

TO WORKER:
iUniform Wage Structure
iEmployees Will be Benefited in Sharing Bonus and other Amenities
TO TRADE ASSOCIATION:
iIt Improve Profitability of the Organization by Regulating the output and Price Of
Member Unit
iIt Represents The Problem S Of Member Unit To The Government In Getting Subsidy
and other [orm Of Concession
TO GOVERNMENT
iIt Enable The Government To [ormulating Various Polices Relating To [ixation Of
Price And Granting Subsidy
iIt Enables Government To Give Priority To Public Or Private Sector Industry Based
upon their Progress And Prosperity

A Group Presentation
 Limitations/Disadvantages

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A Group Presentation
 Uniform Costing

Summing Up

A Group Presentation
Uniform Costing

A Group Presentation