Dyeing Cost Calculation in Textile Wet Processing Sector
Estimation of Dyeing Cost in Textile Sector:
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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