ebook9789354106149d4325

Description

Any system of cost records is deficient that does not provide for all items entering into the cost of individual units or jobs, in such form that will permit the computation of total of such costs for comparison with records of total manufacturing expenditures. Three elements enter into the cost of the finished product—material, labor and expense. “Production and costing” elaborates on purchasing and stores department, labor records, wage systems, manufacturing orders, production expense distribution, cost data collection, costing, mailorders production expense distribution, cost data collection, costing, mail-order business and special accounting forms in an easy to understand language.