Document Type
Article
Publication Date
1921
Abstract
Presented at the Fourth Annual Meeting of the American Gear Manufacturers Association, Detroit, Mich., April, 1920. Adopted as recommended practice, April 29, 1921. The classification of accounts presented herewith is in sufficient detail to cover the gear manufacturing operations of practically all of the A. G. M. A. membership. If uniformity is to be obtained, it will be necessary that the main divisions be followed in all cases. The degree of refinement desired will govern the detail accounts; these may be sub-divided, consolidated or eliminated to meet the requirements of each individual company. With the main divisions maintained, consolidated financial statements portraying the results of operations in the industry as a whole would be possible. It would also be possible to compare detailed cost figures and secure a composite general average of various operating costs in all of the plants. Original item in Boxno. 0409
Relational Format
pamphlet
Recommended Citation
American Gear Manufacturers Association, "Recommended practice of the American Gear Manufacturers Association for uniform cost accounting" (1921). Publications of Accounting Associations, Societies, and Institutes. 26.
https://egrove.olemiss.edu/acct_inst/26