a 94 PROPOSED SYSTEM. 



CASE 5. Reporting Fabrications which are turned into Store. 



Suppose that a foreman has completed an order in whole or 

 in part, and wishes to turn the product into store to offset the labor 

 and material which has been spent in its production. 



He fills in the title section as shown in the example, writes the 

 quantity and name of the fabrication, and under " credit to " puts 

 the number of the order authorizing the expenditures incurred. 



The price column is left blank, as the price cannot be deter- 

 mined until the order is complete and all charges against it known. 



The foreman then punches " received," to account for the 

 appearance of the material, and " issued " to account for its dis- 

 appearance from his charge, and sends the cards with the stores 

 to the proper storekeeper. 



The storekeeper punches " received " and returns the card to 

 the foreman, who sends it to the cost clerk. 



The cost clerk credits the order with units made, only, and 

 sends the card to the stock clerk. 



The stock clerk makes three entries on the journal, each having 

 a different abstract title ; two of the entries being on the C. S. 

 side and one on the other. The responsibility for the stores rests 

 with the store return. 



Turning' Scrap into Store. 



This follows the case just described, except that the list price 

 of the scrap should be given. This case is more important than 

 it may at first seem, as it permits balancing the amount of mate- 

 rial received with that charged and expended and that remaining 

 on hand. 



In cartridge making, one-third of the sheet metal is turned 

 into scrap, of which a definite account should be kept, both in 

 pounds and in dollars and cents. Otherwise, if the scrap is re- 

 turned to the manufacturers at a reduced price, and no other 

 record of the transaction but the credit entry on the bill be pre- 

 served, we shall seem to have been using in pounds, one-half 

 more copper than was actually consumed. 



