In this seminal work on industrial accounting, Henry Wyman Nichols lays out the principles and methods for accurately determining the costs of production in a cotton mill. Using detailed case studies and examples, Nichols provides a roadmap for factory managers and accountants to analyze and control costs, enabling them to run their operations more efficiently and profitably. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.