Document Type

Article

Publication Date

1914

Abstract

1. The object of this system of cost keeping is to furnish correct information as to the actual cost of every important feature of the work of the Lighthouse Service, This information is of value in preparing estimates, in planning work, in effecting economies, and in comparing the efficiency of different districts, vessels, apparatus, methods, etc. The proposed system is made as simple as practicable, in order to avoid expense and to avoid obscuring the important facts. Separate costs will be kept only of the more important features and classes of expenditures; certain general operating costs, such as tender service and administration, will not be distributed, and liabilities will not be charged in the costs except as hereinafter stated. Expenditures of materials, supplies, and labor will be charged the same as expenditures of money.

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