In this way some idea can be gained of the profit and 

 loss in the administration of ranger districts and of 

 the Forest, 



Discussion in which the question 

 of charging overt imo was "brought up. 



2:36 - Essentials of Cost Keeping. The proposed 

 System. 



LEY: 



Cost Keeping - the object C o st too \ ; ing , or 

 oost finding is one of the main "branches of the Science 

 of Business. Oost systems are used "by the live manu- 

 facturer of to-day to talie the place of old guess worlr 

 methods. 



"The object of organization and management in' 

 a manufacturing concern is to find ways and means of 

 efficient production." The object of cost accounts 

 is to register every step in production as it actually 



happens . 

 i 



The object of our organization and management 



is, or should be, to determine ways and moans of ren- 

 dering the most efficient public service at the lowest 

 possible cost, 



Cost Accounts - their use. Our cost accounts 

 should represent actual facts and should show some- 

 thing as to the actual results of our form of organi- 

 zation; for what purposes money has been osrpended; 



34 



