Costs and Statistics: Basic Cost Principles, Mapping Out the Cost System, Graphs and Statistics, Expense Control (Classic Reprint) - Hardcover

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9780332830322: Costs and Statistics: Basic Cost Principles, Mapping Out the Cost System, Graphs and Statistics, Expense Control (Classic Reprint)

Hardcover

ISBN 10: 0332830322 ISBN 13: 9780332830322

Publisher: Forgotten Books, 2018

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Unlock the secrets of a practical cost system that keeps your factory on track and profitable.

This edition presents a clear roadmap for building, using, and refining cost data to control expenses, set accurate prices, and spot leaks before they drain profits.

In plain language, it walks you through the essential ideas of cost systems, from gathering the right facts to distributing costs across departments and jobs. You’ll see how raw materials, direct labor, and overhead fit together, and why a well-designed system is a “telescope” that sharpens every cost at every step of production. The book also shows how to choose and design the right forms, time cards, and stock records to make data reliable and easy to use.
What you’ll experience

A practical framework for organizing factory costs, including prime cost and burden.
Step-by-step guidance on material handling, stock control, and time recording.
Clear instructions for designing effective cost forms that suit different jobs and shops.
Real-world examples of how cost data informs pricing, purchasing, and savings.

Ideal for readers seeking a straightforward, hands-on approach to cost control, expense tracking, and managerial decision making in a manufacturing setting.

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