The Principles of Cost Accounting as Applied to Machine Shops (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

0332455068 / 9780332455068

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  • New
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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book delves into the critical world of cost accounting as it was practiced in the early 20th century, specifically within the context of machine shops. The author meticulously dissects the various systems of management prevalent in the era, comparing and contrasting the military, functional, and departmental systems. The book emphasizes the importance of accurate cost-keeping for manufacturers, highlighting the potential for hidden inefficiencies and waste in production. The author then dives into the details of cost accounting, exploring both direct and indirect costs. He meticulously examines the calculation of raw material costs, including purchase price, transportation, storage, insurance, and interest. He also explores various methods of labor compensation, including day work plans, piece work plans, and gain-sharing schemes. The book then delves into the distribution of overhead expenses, providing a detailed breakdown of different methods used to fairly assign these indirect costs to specific products. The authorââ â¢s careful analysis of cost accounting techniques offers a unique historical lens into the challenges faced by manufacturers in the early 20th century, providing valuable insights into the evolution of industrial management practices and the growing importance of precise cost tracking in a competitive marketplace. 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.…

Seller Inventory # 9780332455068_0

Title
The Principles of Cost Accounting as Applied to Machine Shops (Classic Reprint)
Author
James Charles Lund
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
0332455068
ISBN 13
9780332455068
Seller catalogs
Business

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR

Forgotten Books publishes hundreds of thousands of rare and classic books.

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.

The digital edition of all books may be viewed before purchase if you request a sample.