Download or read book Shop Expense Analysis and Control (Classic Reprint) written by Nicholas Thiel Ficker and published by . This book was released on 2015-08-05 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Shop Expense Analysis and Control The first eight chapters of this book appeared originally in The Engineering Magazine as a series of of articles extending over a period of eight months. They were immediately accorded recognition by manufacturers and accountants alike as a standard reference work on this, the most difficult phase of cost finding. These eight chapters have been supplemented by others to show the definite application of the subject. The author's method of treatment demonstrated thoroughly the fact that some of the various phases of Shop Expense, which previously have been given only brief consideration, vitally affect the whole problem. Of interest to the management is the method shown by Mr. Ficker for exercising executive control over each phase of production by a systematic segregation of all of the charges relating to it. The findings of the author are that the orthodox methods of cost finding are wrong, since in their application the management is able to shift responsibility from its shoulders to those of the shop proper whenever the occasion may arise. Both Mr. Ficker and Mr. H. L. Gantt, who needs no introduction, arrived independently at this conclusion, and simultaneously published their belief that the fallacious, older methods of cost determination must go. This basic principle of executive responsibility is expressed in Chapter VIII, and should rank as a notable contribution to the science of Industrial Management. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.