This book is an impassioned defense of a new method for determining the cost of production in manufacturing. In the early 20th century, the author argues, American businesses were plagued by inaccurate and inconsistent cost accounting systems, leading to a widespread lack of understanding about the true expenses involved in making and selling products. The author criticizes traditional cost accounting approaches, particularly the use of €œoverhead expenses,€ which he describes as a catch-all for items that accountants don€™t know how to charge properly. He champions a new method, called €œCost Engineering,€ which relies on detailed analysis and the accurate allocation of expenses to specific production processes. The author provides a clear and persuasive case for the use of Cost Engineering, highlighting its ability to eliminate guesswork and uncertainty from pricing decisions. This book offers a fascinating glimpse into the evolution of business practices and the struggle to make cost accounting a more scientific discipline.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book is an impassioned defense of a new method for determining the cost of production in manufacturing. In the early 20th century, the author argues, American businesses were plagued by inaccurate and inconsistent cost accounting systems, leading to a widespread lack of understanding about the true expenses involved in making and selling products. The author criticizes traditional cost accounting approaches, particularly the use of â "overhead expenses,â which he describes as a catch-all for items that accountants donâ t know how to charge properly. He champions a new method, called â "Cost Engineering,â which relies on detailed analysis and the accurate allocation of expenses to specific production processes. The author provides a clear and persuasive case for the use of Cost Engineering, highlighting its ability to eliminate guesswork and uncertainty from pricing decisions. This book offers a fascinating glimpse into the evolution of business practices and the struggle to make cost accounting a more scientific discipline. 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 # 9781330130032_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330130032
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330130032
Quantity: 15 available