Synopsis
Master a practical approach to factory costs with clear, actionable guidance.
This nonfiction guide presents a practical system for measuring, allocating, and controlling production costs, rooted in double-entry bookkeeping but tailored for modern manufacturing needs. It walks readers through organizing a comprehensive cost-keeping framework, from stores and labor to indirect expenses and floor space. The book lays out key cost components, shows how to classify and distribute expenses, and explains how to read and use factory cost data to price products, improve efficiency, and reduce waste. It blends theory with forms, diagrams, and step-by-step processes to help you implement a reliable cost system in your business.
- Understand the elements of manufacturing cost: materials, direct labor, and overhead
- Learn methods to distribute indirect expenses and manage floor space costs
- See how Stores, Labor, and Cost Ledgers connect to the general ledger
- Apply practical procedures for recording labor, issuing stores, and tracking production costs
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Principles of Factory Cost Keeping (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book explores the development of factory cost accounting principles. It highlights the use of double-entry bookkeeping as the foundation for modern factory accounting practices and presents a comprehensive study of the techniques involved in recording and analyzing manufacturing costs. The author outlines the benefits of cost systems for manufacturers, including improved accuracy in pricing and bidding, and enhanced ability to detect and eliminate waste. The book also delves into the methods used to account for stores, labor, and indirect expenses, providing detailed guidance on each aspect of cost accounting. By understanding these principles, manufacturers can gain valuable insights into their production processes, optimize efficiency, and ultimately increase profitability. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330134252_0
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Principles of Factory Cost Keeping Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330134252
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Principles of Factory Cost Keeping Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330134252
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