A cost accounting system targeted to DGRs

Medical Laboratory Observer, Sept, 1985 by James W. Sharp

This system, which may appear complex, is not difficult to put into practice. We found that data gathering was our biggest hurdle. You'll need to establish a good relationship with the business office to obtain the necessary information. After that, it's a matter of plugging numbers into the formulas.

Now that efficiency is a watchword, a comprehensive cost accounting system is a necessity rather than an option. Quite simply, lab managers who rely on such a system will use their limited resources more intelligently than managers who don't.