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Industrial Cost-Finding: (English)

Industrial Cost-Finding: (English)

          
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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 Excerpt: ... manufacturing which is of greater importance. As the various ramifications of this question of shop-expense analysis and distribution to production centers will be taken up in chapters which follow, the main point to be kept in mind here is that this expense in any manufacturing company cannot be successfully applied as a part of individual costs of production unless the most careful and minute study is made. While in this chapter only the question of analysis by departments has been considered, further analysis is possible by process points and also by individual machines. It is a mistake, however, to attempt to carry the assessment of expense to these machines by means of what is known as the "Machine Unit System" before the allocation by departments has first been proved to be practically correct. Many accountants think that they can omit this primary stage and delve right into a segregation of expense by machines without first proving its distribution by departments. It should be apparent to any one with common sense that such methods of procedure are inevitably slated for failure, and this is one of the main reasons why so many plants that have attempted a segregation of expense according to machines have reached the idea that this method is faulty in certain respects.--You cannot start a building at the roof and build down.--A correct basis must first be established to a satisfactory degree of certainty, and then each successive step becomes simply a matter of careful analysis. The first steps, however, constitute the foundation ground work on which the entire scheme of expense-distribution is based and the strength of this underpinning must first be proved to have a safety factor. CHAPTER XII ESTABLISHING A BASIS FOR DISTRIBUTING MACHINE A...


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Product Details
  • ISBN-13: 9781130176926
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 118
  • Series Title: English
  • Weight: 227 gr
  • ISBN-10: 1130176924
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 6 mm
  • Width: 189 mm


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