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The Iron Age 1912-02-22: Vol 89 Iss 8

1912 Reed Business Information US

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THE IRON Established 1855 Forms of a Foun New York, February 22, 1912 Vol. 89: No. 8 dry Cost System Outline of the Method of Determining the Cost of Castings, Cores, Etc., at Plant of the Ferro Machine & Foundry Company, Cleveland A complete foundry cost system that has been grad- ually developed to meet the needs of that company to pro- vide accurate records of foundry costs and operations is being used by the Ferro Machine & Foundry Company, Cleveland, Ohio. This system starts with a daily metal report or charge sheet, Fig. 1, containing blanks for filling in car numbers and quantities of pig iron and other ma- terials that go into the cupolas and air furnace. This daily report is made out by the chemist who has charge of the charging floor. Place is also provided on this re- port for an analysis report made by the chemist of each car of iron. The chemist sends duplicates of this report to the office and to the foundry superintendent. From the daily metal report a monthly cost sheet, Fig. 2, is compiled showing the total cost of all iron chergen during the month. To the! cost price of| this iron is added thei. freight charges,| x the cost of un- loading and the cost of deliver- …

Citation

The Iron Age 1912-02-22: Vol 89 Iss 8. Reed Business Information US. 1912.