UNITED STATES DEPARTMENT OF AGRICULTURE 
BULLETIN No. 994 
Contribution from the Office of Farm- Management and Farm Economics , 
H. C. TAYLOR, Chief 
Washington, D. C. T November 15, 1921 
METHODS OF 
CONDUCTING COST OF PRODUCTION 
AND FARM ORGANIZATION 
STUDIES 
By 
F. W. PECK 
Farm Economist 
CONTENTS 
* 
Introduction 1 
The Uses of Cost Studies 2 
Basic Elements of Cost 7 
Presentation of Results ♦ v 8 
The Several Methods of Study 14 
The Accounting Method t 15 
The Survey Method .-..'..• 39 
Combinations of Survey and Accounting Methods 46 
) 
WASHINGTON 
GOVERNMENT PRINTING OFFICE 
1921 
