Explaining Value Added -- Dickeson

The fact of the matter is that we really don't need job processing costs at all, do we? They're misleading. They lead us to believe that real costs are going up or down when job processing costs are going up or down. They're convoluted when it comes to price estimating. Besides, we're not really using those estimated processing prices at all, are we? They bear little or no relationship to general ledger income statements.