Abstract :
MR. J. WALLER: I am afraid after what we have heard that there is not much left to discuss¿at least theoretically. At the outset I must make it quite clear that my training and experience have allowed me to believe that Ridgway, Lunt, and Bigg¿amongst the greatest exponents of costs and allied work, have each advocated simplicity of system and economy of method as being the underlying principles of recording costs and overheads. The lecturer has shown us, indeed, a good system, but I would suggest it is an elaborate system and not in conformity with the above views. In my opinion we have not had a very clear description of "overheads."
