Fig: Textile finishing cost calculation method 
SL No.

Parameters

Quantity and Cost

01

Fabric quantity

400kg

02

Finishing chemical consumed

5kg

03

Chemical A consumed

4kg

04

Chemical B consumed

2kg

05

1 day

3 shift

06

Total finishing process time

4 hours

07

Number of labors

3

08

Labor wages

Rs. 200 per shift

09

Compacting

Rs. 8 per kg

10

Steam

Rs. 30000 per month

11

Power

Rs. 10000 per month

12

Transport

Rs. 20000 per month

13

Salary

Rs. 50000 per month

14

Other expenses

Rs. 40000 per month

15

Finishing chemical price

Rs. 250 per kg

16

Chemical A price

Rs. 25 per kg

17

Chemical B price

Rs. 60 per kg

18

Profit

15%

To calculate textile finishing cost and finishing rate, below formula has to apply.
Total finishing production
= 400kg
= 0.5 shift
= Rs. 300
Finishing chemical cost = Amount of chemical consumed × chemical price = 5× Rs. 250 = Rs. 1250
Chemical B cost = Amount of chemical consumed × chemical price = 2× Rs. 60 = Rs. 120
= Rs. 1470
= Rs. 3200
= (Cost × 0.5 shift) / (30days × 3 shifts in a day) = {(30000 × 0.5)/90} = Rs. 167
= (Cost × 0.5 shift) / (30days × 3 shifts in a day) = {(20000 × 0.5)/90} = Rs. 112
= (Cost × 0.5 shift) / (30days × 3 shifts in a day) = {(10000 × 0.5)/90} = Rs. 56
= (Cost × 0.5 shift) / (30days × 3 shifts in a day) = {(40000 × 0.5)/90} = Rs. 224
= (Cost × 0.5 shift) / (30days × 3 shifts in a day) = {(50000 × 0.5)/90} = Rs. 279
= Rs. 838
= Rs. 14.50