





ADVOCATE AND GUIDE. 103 



The farmers may well envy the retailer of these goods his 

 allowed profits, for did they receive a proportional reward 

 for producing these products according to their work, ex- 

 posure and expense they would receive ten times as much as 

 they do. 



Study these allowed profits and compare the ease with 

 which they are made to that of the farmer in producing 

 these products, and you will see at once the disadvantage 

 of the farmer if you have had any experience in farming. 

 And remember the grocer can turn his money daily, weekly 

 or monthly while the farmer can only annually. 



Only through unionizing to inaugurate the minimum 

 price system can they ever expect to get fair wages out of 

 production. 



How Business Men Figure Overhead Expenses. 



RULES ON COSTS AND PROFITS. 



"As the latest dope is that the U. S. Food Administration may not 

 only issue an order eliminating free delivery but may require all mer- 

 chants to keep an accurate record of costs, here are the rules of the 

 National Association of credit men for figuring costs and profits : 



"1. Charge interest on the net amount of your total investment at 

 the beginning of your business year, exclusive of real estate. 



"2. Charge rental on real estate or buildings owned by you and 

 used in your business at a rate equal to what you would receive if rent- 

 ing or leasing to another. 



"3. Charge in addition to what you pay for hired help an amount 

 to what your services would be worth to others ; also treat in a like 

 manner the services of any other of your family regularly employed. 



"4. Charge depreciation on all goods carried over on which you may 

 have to make a less price because of change of style, damage, etc. 



"5. Charge depreciation on buildings, tools, fixtures and everything 

 else suffering from age or wear and tear. 



"6. Charge amounts donated and subscriptions paid. 



"7. Charge all fixed expenses, such as taxes, insurance, water, lights, 

 fuel, etc. 



"8. Charge losses of every character, including goods stolen, or sent 

 out and not charged, allowances made customers, all bad debts. 



"9. Charge collection expenses and other expenses not above enu- 

 merated. 



merai 



