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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 edition. Excerpt: ...and the finished work is ready for the customer. The shop record card (Figure 2) is numbered to correspond with the oliice record of the j0b, and shows the date for which the finished work has been promised to the customer. This card does not bear the cust0mer's name, the work being identified in the shop by number only. As the work P70' gresses step by step, the operator records the amount of welding rod used, the number of cubic feet of oxygen and acetylene consumed and the quantities of charcoal and other supplies used in preheating, annealing and finishing. A time-clock record of the work done is kept on this card by the operator, who punches the card whenever he starts and finishes working on the job. While the welding is going on the operator follows the customer's special instructions which are transcribed on the back of the job card from the oflice record card. When the work is completed, the job card bears a complete record of the time and supplies used. These figures are posted on the oliice record card in the otlice, and the cost of the work determined. This cost includes the overhead factor, this factor having been reduced to a percentage of the value of the time and material used. The net profit is based on a percentage of the costs, the total of these preceding items thus determining the fair selling price to the customer. Of course, this cost system can easily be modified or altered to meet specific needs or conditions met in other shops. ln every case, however, standardization along cost finding and price fixing lines has been of a distinct benefit to the shop operating the system. Frames For Wire Fence Gates Fabricated From Pipe By Oxy-Acetylene Welding Illustrating the Advantages of Production Welding I in...
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