Document Type
Article
Publication Date
1922
Abstract
The method of arriving at the cost of producing coke is practically the same in all plants. As suggested elsewhere in this paper, the method is not at all satisfactory. The problem is one which is the subject of considerable discussion among producers and their accounting departments. Referring again to the illustration given, the costs consist of the coal at cost price, the cost of carbonization (coking costs), and to these costs are credited the market or sale value of the by-products leaving the excess of these costs over the market value of the by-products as the cost of coke. It will readily be seen that this method of accounting is subject to criticism, especially in the conversion of coal where coke frequently becomes a by-product, and not the major product. Experience has shown us that the so-called by-products of coke are in many cases or localities considered as having decidedly a greater value than the coke, thus reducing the so-called main product to the class of by-products. A number of plants have been built for the primary purpose of manufacturing gas.
Relational Format
pamphlet
Series Title
Official Publications of the National Association of Cost Accountants, 1922 (Dec. 1), Vol. IV, no. 6
Recommended Citation
Sheppard, C. C., "Cost practices and problems in the production of coke" (1922). Publications of Accounting Associations, Societies, and Institutes. 118.
https://egrove.olemiss.edu/acct_inst/118