The Doctor Is In --Dickeson

"How's business?" The usual response is, "Great! We've got a terrific estimating system." We have a tendency to equate job costs with the costs we "estimate." Often overlooked, perhaps, is the major value of a job costing system. System suppliers know and exploit this pricing weakness.

Dr. Quincy, the '70s TV pathologist, doesn't try to predict when a person will die. He reacts to what has already occurred. We can do a Quincy act with our cost accounting system.