Document JNa8GwaeBJnqN2nb8BD0o0y4O

RETURN t o R. W. L. ABUTTAL 0E33ATIBS Tim UA^TIE 7AICTTSJT 00. R.V/.LBVERHAfySE -vioi p e e s . 1918 -^1919. \ \It .! Sv. 3. Ee.v Ilrterial Package Addition Dept.3ur-i&n Den'1.3virden Saw list trial Yuel Productive lalaor 11-3 Gen'l. Total Surplus ^ leas Deficit Uet Operating Surplus 3ui.ixiY. Surplus i Deficitv 19,497.91 ' f* /f V *5,705.45 1 2,433.67 5,617.49 155.34- 155.18- 34,314.52 9,538.92 i 9,859.?4>r 24,454.58 -- 3 3Jyo PEPPY o?._a \Wi Bet Operating Surplus 24,454.58' GenBl.ledger B-lance 8-31-19 27.895.03 Inventory 8-31-19 52,350.61 52,350.61 k a b o t .l Ot o h ib q h o t t a b y Haw tlateriil Haw llaterial ^uel Es v 7 Material Packa^ea SetTd.Goods. Packing litrial L^sService iifg .Expense. I & G Deni. Items___________ Totals 272,676.96 2,418.99 34,737.90- 464.364,260.0116,BB5.166,646.389,538.92- 347,518.57 Haw laterlal Haw Material Puel Haw Matorial Pkga. Varnish Pectory Output Varnish Inventory 20,266.78- 1.20- 4,458.47294,995.19- 52,350.61 372,073.25 Total Idfg.3urpj us 24,454.58 iT-a: flor: Bar Haterisle Charges Inventory 911-18 2t Purchases 1918-19 Eetd.Goods.rChgd.F&cty) Beov. & Stores Exp. 27,576.95454.36- 1,071.67- 274,212.99 Credits B.r.Seles 20.2C5.7S , Consumed (Per Anal.ofFoml 29,500.06J Inventory 8-30-19 43,944.06 293,710.90 Packasce Addition Oharas Haw tatl.Pkgs. Packing Esterials Finishing Service Finishing Expense Handling Pkge. 34,737.904,250.01- 3,498.53' 17.92 1,104.67 43,609.03 Credits . Ban I'atl.Pkge. Per Anal.of Formula Inventory 8-30-19 4,458.47 > 37,833.95' 8,082.06 60,374.48 Raw UatL.Fuel. Chargee for year Credit(Per Anal.of Form.) Inventory 8-30-19 Sales 1,937.451 321.60 l.ro 2,418.992,263.15 Prod.lahor 0harass Creme 7,194.09 . 7,028.91 * Bent.Burden Chargee Kon-Prod.l&toor Mfg.Dept.Expense Storage Dept.Expense Filling Dept.Expense 878.751,386.53 175.05 31.39 2,471.72 Credit Per Anal.of Formula) 4,906.39 ^ General Burden 3upt.0$.& Genl.Service 3,462.55- Supt.Off. A Genl.Expense. 360.08 Administration Expense 4,350.30 Credit Per Anal.of Formula) Lo bs & Gain (Dr.) Total Surplus leeB Deficit Bet Operating Surplus 8,172.9313,790.42-^ 9,638.92 Jw DEFICIT. 19,497.91 / 6,766.46 ^ 155.84J 165.18 ^ 2,433.67 * 6,617.49 1 9,558.92 34,314.52 9,869.94 9,869.94 * 24,464.68 0007-SWP-000129965 aj'.v i..w?EF.Ia1 The Saw Laterial surplus of 19497.91 In very large,considering the size of the account. The writer hae tees of ths impression that s such would he the case since early In the yerr. In the early part of last year,we found that the Var-lsh plant was issuing its own slip n-usbers,without any check being kept hy the factory office.. No in ventory of stocks or hand in tanks was rendered at the close of the month. Tie also found in a number af case8,that the formula used by the Cost Department did not tally with the formula used in the stack. As I the Cost Department did not issue the Bx Slips to the Varnish factory atthat time.no mutual check va3 established. This unfortunate condition wad remedied as rapidly as possible, Bnd throuhgout the yearpast,v.e have continually insisted on closer cooperation on this end of the work. Conditions have improved lumensely since a year ago.and we feel that things are on e muah more stable basis than formerly, and look forward to e vast improvement in this respect. The Cost department audited the principal items of materiel end found these items oheoked f~irly well in total as corapured with the puroheses. Ir. the rosins,however,there .vas a wide variation between the Ivarious grades, due to a confusion in stock numbers. The total rosins consumed oheoked within 2000 lbs. in total. PACKAGE ADDITION. This item was on the sume footing as the Ucrtln-Seusur Co. and the same causes and effects will found to apily. To are submitting herewith a new addition for the year.which should reduce this to actual cost. We reoommend the continuance of the charge to Eartin-Senour Co. of 31.40 pan. 100 gala.for bulk goods delivered in drums to the Paint factory. .j^U . \<4j WAT T.:.-l TB3IAX t t t t t t l . The deficit in this account was due to lack of facilities for weighing coke for the greater part of the year. Since soales have been installed,we do not anticipate this difficulty for the year. ran-MTflTTVB T.A'BOW. The shortage in this account was caused by the failure of the Varnish factory to oharge time for Tank Cleening and Storage to the Hxs, for the first two of three months of the year. These Items are now being properly taken into aooount, 0007-SWP-000129966 B3PT.BUHD3B The surplus here Is due to heavy production,and ar. excessive rate. We are making a recommendation for a revised rate under a separate heading. w Y/ gBJTERAX BTJRDEH This is on the same basis as the Dept. Burden,and the same remarks apply. E.OSS& GAIN. MiM yW** The Lo bs fc Gain oharge is made up of voluntary oreditn to imrtia- tP Senour Oo.of IUlncle.frnd Kart in-3enour Co. of Bebr.,for overcharges on ,hulk goods,due to cost inflation. This charge has been certified by our Cost Dept.and that of the Martin-Senour Co.,and we have accepted the same as correct. mi gaco^fTODATTOwg. The Cost for the year in Burden was 34.9$. The rate In uae w__a_s 70,$. Me reoonmend the r_ a_te. of 40$ bie usied for October 4 Bovendber. Due to a mleealoulatlon on expense ,the rate used for Sept .was 60$. The productive labor la now being oharged In at the rate of $900.00 per month or #10800.00 for 'the year.Be discount this for possible slaok periods to #9000.00. We then have the following basis, for General Burden:-. Productive Labor Dept.Burden at 40$ Total Dept.Expanse. #9000.00 ^ #3600.00 J #12,600.00 ut*r? *r Estimated Ooata:- 3upt.&'Office Serv. & Exp. 4,000.00 Klsoellaneous. 4 Sundries 200.00 Administration & Fixed Bx p :4.S00.00 Total Barden #8,i?Q0.0fl Per Cent to Dept.Estimate 69.08$ > Seoommended for use. 70% / Used for the month of Sept.70$v T * n~,r im!rT--iiT-^. TJ-LrIu3 71-3g .7^rn Pcns-IlRln._ Size of Pk<?9. l/32 1/16 1/8 . . 1/4 Ho per case 384 192 Cost of Cans 4.75 57(53 Co3t of Cases .19 .38 Cost of labels .20 .20 Cost of labelling .12 .ie Cost Edlg S'. Packing.48 .72 Total Cost E.74 6.48 8% for Con+ing. .29 .32 Cost per 100 Pte?a.6.03 6.80 Cost per 100 Gals.19B.00 110.00 */*-.<* 96 5.90 .76 .25 . .27 1.08 9.26 .41 e.67 fO.ofl ts, 48 t TIc 1.52 .30 .36 1.44 11.12 .56 11.68 47.00 fitH 1/2 l 5 24 12 1 1*.96 --3T5T .fee. oc 3.04 6.OB 30.40 .33 .35 .35 .54 .96 3.50 2.16 3.84 14.4C 15.97 2C.13 8S.7E .85 1.31 4.34 17.32 27.44 91.09 2^.06----- '8.70 19.50 ft," * 0 3L0,( 0 .-if,it A* "nr 3ize of Hwa Ho ner Case. Cost of Cans Cost Cases Cost 3ticksr8 labelling Cost Edlg.^Packing Cost Total Cost for Contlng. Cost per 100 p ic k s . Cost per 100 Gal. 72-3e. Tarn. Cans.- XithoKrenbefl. 1/16 1/8 1/4 1/2 192 7715 .58 .10 .18 .72 B.53 .34 8.87 142.00 96 48 24 1(5775 --------UTSS-- "15.60 .76 1.62 3.04 .12 .12 .15 .27 .36 .04 1.08 1.44 2.16 12.98 14.44 21.49 .66 .72 1.07 . 13.63 15.16 22.56 115.Oo 51.00 TOO 1 12 2^.50 6.OB- .20 .96 3.84 34.58 1.73 36.31 3^.00 Chrr^e fox Yernish in Bbls. 6.SO In Drums to tie Trade 2.85 In Drains to it.3.Co. 1.40 firms painted & Cleaned in three trips } 0007-SWP-000129968