Now You Know Calculate Yarn Consumption and Costing for Fully Fashioned Knitwear

Calculate the Yarn Consumption and Costing / Pricing Techniques for the Fully Fashioned Knitwear

Muhammad Rahat
Dept. of Knitwear Manufacturing Technology
BGMEA University of Fashion & Technology (BUFT)
Email: smrahatsaif@gmail.com

What is consumption?

How many yarn are required to produce one dzn sweater.

Fully fashioned knitwear

What are the basic requirements?

Knowledge about gauges—4G, 5G, 7G etc.
Knowledge about material/yarn—100% acrylic
Weight of the garments—15lbs/dzn

Wastage Mainly 6%:

What are the objectives of costing?

Determining the competitive and correct pricing.

What are the basic requirements?

Understanding styling and designing.
Knowledge about different gauge.
Mode of business term (FOB, CFR, CIF, etc).
Mode of Payments (L/C type and payments term).
Nature of business (Factory or buying house).

Condition

Considering a compliance Factory (FOB).
Not any (CM/CMT) base factory.

Season based one gauge.

Types and gauge

Peak Season
Off peak season

Standard CM ranges (Complianced factory) CM based on gauge and season.

Types of Gauge: Off peak
3G ....................................$20/dzn ..........................$22/dzn
5G ....................................$21/dzn .........................$23/dzn
7G ....................................$22/dzn ......................... $24/dzn
10/12G .............................$24/dzn ..........................$26/dzn

Additional Charges:
Styling and designing charges

For raglan and saddle = $0.5/dzn
Drop and set-in = $0.25/dzn
For straight shoulder = No additional charges because no increase and decrease.

Designing Charges

Cables (Normal)------$0.25/line/dzn
Cables (Fancy)--------$0.50/line/dzn
Cables (Butterfly)----$1.50/line/dzn

Diamond

Normal Diamond-------- $1.00/line/dzn
Fancy Diamond---------- $1.50line/dzn

Example:

*Calculate the costing/pricing of a men’s sweater with crew neck, raglan shoulder, long sleeve, allover 6 line normal cables, and 4 lines normal diamond in 5G 100% acrylic yarn.

Shipment: 10th September.
Weight: 15 lbs/dzn
FOB Factory merchandising say yarn price $1.50/lbs.

Solution:

15+6% =15.90 lbs/dzn $1.50 = $23.85
CM………………………… = $21.00
Styling……………………… = $0.50
Designing……………….….. = $5.50
Trims/Accessories……….…. = $4.00
Commercial+Logisti+Mise .....= $4.00
……………………………………………………..
FOB factory ...........................= $58.85/dzn

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