Document Type
Article
Publication Date
1921
Abstract
The laundry industry, according to the 1914 census, occupied eighth place as to number of establishments and fourteenth place as to number of wage earners. The laundry industry has been extremely defcient in respect to both general and cost accounting, although it is an important and rapidly growing industry. The installation of a general accounting system usually reveals the existence of large and preventable waste. In some cases the productive labor cost is found to be too high; in others, too much fuel is being burned; in many cases the collection and delivery expenses are excessive; and generally an extravagant use of laundry supplies is detected.
Relational Format
pamphlet
Series Title
Official Publications of the National Association of Cost Accountants, 1921 (Oct.), Vol. III, no. 3
Recommended Citation
Elliott, Fred, "Cost accounting in the laundry industry" (1921). Publications of Accounting Associations, Societies, and Institutes. 80.
https://egrove.olemiss.edu/acct_inst/80