Calculation of Knitting Cost:
|Knitting cost calculation formula in textile
The cost elements of the knitting process are as follows:
OH= Overhead i.e. power, rent, salary, transport etc.
The cost of knitting process varies from company to company due to a lot of causes or reasons. There are some key factors which are deeply influenced in knitting cost have presented in the below:
- Types of fabric i.e. single jersey, rib etc.
- Types of design i.e. auto stripes, jacquard etc.
- Types of raw material i.e. spandex yarn etc.
- Types of machine i.e. conventional, modern etc.
- Production capacity for the factory or company.
The below formulas or laws have to follow during cost calculation in textile industry.
If the knit fabric manufacturing factory produces knit fabric and sell it to the outside customers then the below formula have to follow for calculating knit fabric cost.
Knit fabric cost per kg,
Total knit fabric production
If the knit fabric manufacturing factory does job work for knitting process only then the formula to calculate the knitting cost is as in the following:
Knitting cost per kg,
Total fabric production
10-12 taka per kg
15 taka per kg
Single jersey lycra
23-25 taka per kg
18-20 taka per kg
65-95 taka per kg