Contents: Part I. Cost Keeping in General (The Fundamentals of Cost Keeping - Cost Elements - Fixed Charges - Highway Cost Analysis - Units of Measurement) --- Part II. Cost Keeping for Highway Work (Essentials of a Cost System - Classification of Expenditures - Operation Code - Method of Obtaining Class and Operation Number from Code - Use of Code in Operations - Detail of Cost Accounts and Necessary Codes - Recording Forms - Immediate Use of Cost Data - Final Disposition of Cost Data - Definitions of Operation Terms) --- Appendix.
Record Identifier
https://ageconsearch.umn.edu/record/342089
Language
English
Total Pages
62
Note
Definition.—Cost keeping is a system for recording the cost of each unit of product or division of work in order to facilitate comparison of such costs with cost of other similar units or divisions under like conditions. Cost keeping analyzes each unit of product or work to determine the reasonableness or unreasonableness of the cost, and also to secure an intelligent basis for predicting the cost of producing similar units in future.
