Alfred John Liversedge

[6] In the years from 1908 to 1912 Liversedge published a series of 82 articles on cost accounting in The Mechanical World of Manchester,[7] again under the pseudonym 'A general manager.'

Hugo Diemer (1904) further explained: This work is intended primarily as an aid to persons called upon to make estimates of costs of manufacture.

Several chapters are devoted to a discussion of methods of rapidly estimating quantities of material and time required for labor.

A chapter on indirect expenses and their departmental distribution, although short, contains sound principles which may be applied to advantage in a further expansion of this important phase of manufacturing accounts.

A great number of specific examples of estimates follow, covering almost every class of machine-shop and millwright work.

Again, dependence is made upon the workmen themselves for entries of labor, and upon records of storeroom boys as to material consumed, without any check as to the correctness of such draft at the time of issuing stores.

This was based on the theory and techniques contributed by the work of F. B. Gilbreth and F. W. Taylor in the U.S.A., J. Slater Lewis and A. J. Liversedge in England, and Henri Fayol in France.