■"*— — "" IBIIIIII1II 



UNITED STATES DEPARTMENT OF AGRICULTURE 

 BULLETIN No. 994 



Contribution from the Office of Farm Management and Farm Economics 

 H. G. TAYLOR, Chief 



Washington, D. C. ▼ November 15, 1921 



METHODS OF , 

 CONDUCTING COST OF PRODUCTION 

 AND FARM ORGANIZATION 

 STUDIES 



By 

 F. W. PECK 



Farm Economist 



CONTENTS 



Page 



Introduction 1 



The Uses of Cost Studies 2 



Basic Elements of Cost 7 



Presentation of Results 8 



The Several Methods- of Study . . . , . .14 



The Accounting Method * .'. 15 



The Survey Method .... * 39 



Combinations of Survey and Accounting Methods 46 



WASHINGTON 



GOVERNMENT PRINTING OFFICE 



1921 



