The Cost of Manufactures and the Administration of Workshops; Public and Private (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900 Excerpt: ...itself, the card proceeds to tell what is done with it. Cost Section. This is for the use of the cost clerk in connection with the symbols previously described. It shows in the smallest detail required, the purpose of each expenditure reported, whether as a charge or a credit to some shop-order, or both. See rule 3 and cases 7 and 16, post. Stock Section. This relates exclusively to the stock clerk. In the upper portion is space for a full description of the package in which the stores were received into the arsenal, or in which they were issued from it. This need only be filled in certain special cases hereafter described, viz., in receipts without invoice or bill, and in issues to the outside world, Z. Next below comes the vital part of the card, showing the nature of the transaction with the material above described. This is done by the place of the attesting punch-mark, as follows: All transactions with material may be reduced to two classes, receipts and issues. Whoever receives new material, or old material with a new name conferred by the process of fabrication, punches " received" in his own proper space. If he issues it to another person or disposes of it by transfer or fabrication, he punches " issued," marks the disposition in the title section, and, if the material is issued to another person, gets him to punch "received" at the time that the stores change hands. Thus he may both receive a thing and issue it on the same card, by punching twice: once as received, and once as issued. Two agents may each do this, allowing the record of four transactions on the same card. See pages 178, 222. Two punch-marks on the same card-express a simultaneous issue and receipt, and so on; each mark means exactly what it most evident...