INTERPRETATION OF COST ACCOUNTS 361 



ILLUSTRATION 66 



% 



COMPARATIVE ANALYSIS OF CROP ACCOUNTS FOR THE YEAR 

 ENDED FEB. 28, 1918 



Corn Oats Wheat Alfalfa 



Cost of Production 



Fertilizer , $22.50 



Seed 11.75 



etc. 

 etc. 



as presented in Illustration 64 

 etc. Phrased as to Cost and In- 

 come as in Illustration 64. 



Summary 

 Total Income 

 Less Total Cost 

 Net Gain for year 

 Net Gain per acre planted 



Only one other type of analysis for this purpose is pre- 

 sented herein. It is called the Comparative Crop Produc- 

 tion and Cost Record, an outline of which is given in Illus- 

 tration 67. 



It differs from the Comparative Analysis of Crop Account 

 (Illustration 64) principally in the fact that it attempts 

 to account for all bushels or tons of the crop produced, 

 as well as to show values for production, sales, inventories 

 and other items. The arrangement is also different. In 

 the Comparative Crop Production and Cost Record, an 

 effort is made to trace the quantity and value of a crop 

 from the beginning of the year, through harvest and the 

 disposal of the crop to the inventory at the close of the 

 year. 



