Difference between manufacturing cost and retail price of goods as charged by shops, . 1,196 92 $4,717 48 Less 50 per cent. reduction on selling price of samples and faded merchandise, 338 23 Inventory and sales Nov. 30, 1908, 4,379 25 $8,510 20 Depreciation of merchandise (reduction of selling price), $586 17 All merchandise sent to this department by the shops is invoiced at the selling price, although the stock, as a commission asset, is figured at cost. In addition to rugs, linen, mops and brooms, baskets and wire work, consigned by blind home workers (men), were also sold as follows:Dec. 1, 1907, to May 31, 1908 (memorandum account), June 1 to Nov. 30, 1908 (part of regular accounts), Total, $107 80 136 95 $244 75 MANCHESTER SALESROOM, OPEN FROM JULY 6 TO SEPT. 21, 1908 (ABOUT Deduct net loss of department as per ledger account (see sum $269 68 Additional profit accruing to department through home $63 02 In addition to industrial department sales there were sold: Baskets, stools, etc., consigned by blind men (and included in total sales in condensed statement of results), $147 05 Home work salesroom, stock and orders, Home work salesroom, consignments, . Included in home work salesroom report, $274 30 48 65 $322 95 The amount $63.02 is noted as a gain to the industrial department as a whole. (See condensed statement of results.) GENERAL EXPENSE ACCOUNT (EXPENSES INCURRED ON ACCOUNT OF THE INDUSTRIAL DEPARTMENT, AND YET NOT DIRECTLY CHARGEABLE TO ANY PARTICULAR SHOP). Salaries to seeing (including two-thirds of book PLANTS AND FURNISHINGS. Art Fabric Shop. Net value Dec. 1, 1907, Additions Dec. 1, 1907, to Nov. 30, 1908, $1,492 74 258 91 Less depreciation for one year (on purchases to June 1, 1908), $1,751 65 148 60 $1,603 05 Additions to plant include: remodelling of 4 looms, $155; purchase of cabinet, $25. The balance was made up of sundry supplies. Net value Dec. 1, 1907, Rug Shop. Additions Dec. 1, 1907, to Nov. 30, 1908, $1,260 17 147 31 $1,407 48 128 90 Less depreciation for one year (on purchases to June 1, 1908), Net value Nov. 30, 1908, $1,278 58 Additions to plant include: lumber for closet, $48.29; one-half cost of Fairbanks scales, $11; suit case for samples, $9; 7 baskets for looms, $7.67; 2 desk chairs, $7.44; gas stove, $2.50; desk, $3. The balance was made up of sundry supplies. Less depreciation for one year (on purchases to June 1, 1908), 55 28 Net value Nov. 30, 1908, $800 04 Additions include: 1 sewing machine and motor, $235; 1 mop end cutter, $115; mop clamps, $36; one-half cost of Fairbanks scales, $11; twine trays, $9; 4 baskets, $5.33. |