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The Iron Age 1926-12-16: Vol 118 Iss 25

1926 Reed Business Information US

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THE IRON AGE New York, December 16, 1926 ESTABLISHED 1855 VOL. 118, No. 25 Fixing Costs for Gray Iron Castings Analysis of Elements in Jobbing Foundry, for Varying Production—Taking Adequate Profit Into Consideration BY H. P. PARROCK* HAT the cost of any casting may be most closely approximated when each pattern is assumed to be . the only pattern in use is the theory of this analy- sis of the cost of gray iron castings in a jobbing foundry. This presupposes sufficient duplicates to en- able the standard quota of molders and core-makers, and other necessary labor, to return a day’s work. Expense sheets have been compiled for a shop of 100 molders, on the assumption that, during different periods, each molder would produce 100, 200, 300, 400 and 500 Ib. of good castings per day; it is also assumed that one core-maker is required for every four molders in’ all instances. The figures are based on the follow- ing units of cost of labor and material, and on going rates for other items, listed in the details: Cost of Materials and Labor Materials Iron Pehl tiie aid 6:20 bre % $26.88 per gross ton delivered ht Neth nn ik ola ig bia 10.00 per net ton delivered Stone oo PLR Pea 5.00 per ton…

Citation

The Iron Age 1926-12-16: Vol 118 Iss 25. Reed Business Information US. 1926.