Costs And Statistics Basic Cost Principles Mapping Out the Cost System Graphs

Cover Costs And Statistics Basic Cost Principles Mapping Out the Cost System Graphs
Costs And Statistics Basic Cost Principles Mapping Out the Cost System Graphs
Charles Carroll Martin
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In adding these new patterns a tool cost must be found for each. This cost is very seldom less than ten and more often is thirty to fifty dollars.
The clever manufacturer must keep his tool cost ac- curately, and proportion it against his normal output so that each pattern will carry its burden. Those patterns which do not pay their own tool cost should be discarded or redesigned so that they will.
When a pattern is a "good seller" it does pay its tool cost. In a large line it is very seldom th
...at over twenty per cent of the entire line are good sellers any one sea- son. It is evident, therefore, that these good sellers, in addition to offsetting and carrying their own tool costs and showing a profit, must be burdened with the tool cost of the rest of the line.
Now, although it may sound strange, the majority of SMALL PART COSTS 77 jewelers are not able to tell which are their best sellers. Within the last few years two jewelers adopted a card system of individual pattern sales. They now use this system entirely in discarding and making up their lines.


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