The Association has had presented to it for several years the necessity for a uniform accounting system and for an accurate cost system, and we do not need to repeat the arguments advanced and the reasons given therefor. The present abnormal prices of materials, with increased costs in other directions, seem to make this an opportune time for the Association to adopt a uniform accounting system for manufacturers of implements and other farm operating equipment. We, therefore, submit herewith a simple system which we recommend to the Association, particularly for the guidance of organizations not already supplied with an adequate or satisfactory cost system
