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Single Cost Accounts Volume 47

Single Cost Accounts Volume 47


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 Excerpt: ...undertakings where these contingencies may be partially covered) must be subject to the variations from the standard resulting from such causes. It being possible, however, under the system here advocated to ascertain the actual results, as against the estimated or ideal, at short intervals, special efforts can be made to redress any adverse balance arising from additional and unforeseen cost by adjusting the selling prices where possible before this is too late. It is found sometimes that the selling price of the finished article is is no way governed by its prime cost, and it is thus impossible for the business to realise the required profit; but this consideration i outside the scope of the estimates and costings, which serve their purpose if they afford the management a ready means of ascertaining the actual and comparative results of the working at convenient intervals. In order to cope with low selling prices it may be necessary to increase the manufacturing output by providing additional capital for further factory accommodation and plant, thus reducing the ratio of the standing charges by distributing their incidence on a broader basis, or it may be advisable to continue trading for a time with a less remunerative return on the capital employed. These considerations do not affect the main scheme of cost, which must have an ideal or pattern for effective working, and with which to test its day-to-day details and periodical results. Capital.--The supposititious business, the accounts of which are now under review, has a capital of 24,200, and, in addition to interest on this amount at the rate of 5 per cent. per annum, the proprietors desire a return on the money employed equal to 10 per cent. per annum. The capital not being held in the same proporti...


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Product Details
  • ISBN-13: 9781130232158
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 32
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1130232158
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 77 gr


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