The Machine Hour Rate Method of Distribution of Factory Indirect Expense - Softcover

Guy Foote Wetzel

 
9781332153336: The Machine Hour Rate Method of Distribution of Factory Indirect Expense

Synopsis

This book discusses the allocation of expenses for indirect factory tasks, a challenging problem for manufacturers. The author, an engineer, proposes the machine-hour-rate method, which assigns an hourly rate to each machine, based on the machine's operating, building, and administrative costs. The author argues that this method is more accurate and efficient than traditional methods, and provides detailed instructions for its implementation. This book is a valuable resource for manufacturers looking to improve their cost accounting practices.

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