Title: Cost Accounting to Aid Production : A Practical Study of Scientific Cost Accounting (Classic Reprint)
Publisher: Forgotten Books Aug 2018
Publication Date: 2018
Language: English
ISBN 10: 033137238X
ISBN 13: 9780331372380
Binding: Buch
Condition: Neu
Dimensions: 229 millimeters width by 152 millimeters height by 18 millimeters depth
Weight: 785 grams

About this title

Synopsis

Learn how modern cost accounting can drive real improvements in production and profits.

Cost accounting to Aid Production presents a practical approach that ties accounting work to today’s industrial realities. It argues that simple past‑looking methods fall short, and that skilled professionals can lead cost systems toward scientific management. The book shows how machine rates, power costs, and departmental burdens become actionable numbers that guide better decisions.

The text blends theory with concrete methods, including how to design simple yet effective cost systems, how to measure efficiency, and how to use data to identify waste and profit opportunities. It emphasizes the accountant’s role in shaping a forward‑looking view of costs, not just recording past transactions.

How to build and apply machine rates that reflect repairs, power, and overhead
How punched card data can reveal labor and machine efficiency
Ways to compare actual performance with standard costs to spot improvements
Strategies for aligning cost accounting with modern industrial thinking

Ideal for managers, engineers, and accounting professionals seeking practical methods to improve production costs and decision making.

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