Dyeing Cost Calculation in Textile Wet Processing Sector
Estimation of Dyeing Cost in Textile Sector:
Dyeing cost calculation method in textile industry |
Parameters | Amount or Quantity |
Fabric quantity | 400kg |
Dye A consumed | 5kg |
Dye B consumed | 3kg |
Dye C consumed | 2kg |
Chemical A consumed | 50kg |
Chemical B consumed | 10kg |
Shift in a day | 3 shift |
Total process time | 12hrs |
No. of labors | 3 |
Labor wages | Rs. 200 per shift |
Steam | Rs. 75000 per month |
Power | Rs. 50000 per month |
Transport | Rs. 20000 per month |
Salary | Rs. 100000 per month |
Other expenses | Rs. 120000 per month |
Dyes A price | Rs. 250 per kg |
Dyes B price | Rs. 300 per kg |
Dyes C price | Rs. 400 per kg |
Chemical A price | Rs. 5 per kg |
Chemical B price | Rs. 50 per kg |
Profit | 20% |
To calculate the dyeing cost in textile sector, the following formula have to maintained:
Dyeing cost per kg,
Total dyeing production
= Fabric input
= 400kg
Total Production Time Calculation:
= Process time
= 16hrs
= (16/8) shift
= 2 shift
Direct Material Cost (D.M) Calculation:
Dye C cost = Amount of dye × Dye price = 2×Rs. 400 = Rs. 800
Chemical B cost = Amount of chemical × Chemical price = 30×Rs. 50 = Rs. 1500
= Rs. 4700
= Rs. 1600
Direct expense = 0
Overheads Cost Calculation:
= {(Cost × 2 shifts)/ (30days × 3 shifts in a day)} = {(75000×2)/90} = Rs. 1667
= {(Cost × 2 shifts)/ (30days × 3 shifts in a day)} = {(20000×2)/90} = Rs. 445
= {(Cost × 2 shifts)/ (30days × 3 shifts in a day)} = {(50000×2)/90} = Rs. 1112
= {(Cost × 2 shifts)/ (30days × 3 shifts in a day)} = {(100000×2)/90} = Rs. 2224
= {(Cost × 2 shifts)/ (30days × 3 shifts in a day)} = {(120000×2)/90} = Rs. 2667
= Rs. 8115
= Rs. 36.00