NATIONAL INSTITUTE OF FASHION TECHNOLOGY

COSTING OF APPAREL PRODUCTS

COSTING OF JACKET
SUBMITED BY :
Ravi Aditya
Rytasha Patnaik
Sharanya Gopinath

ORDER DETAILS
PRODUCT TYPE Ladies casual jacket
BUYER United Colors of Benetton
ORDER QUANTITY 20,000
SIZES S , M , L
SIZE RATIO

1:2:3

FRONT SKETCH

BACK SKETCH

PLANT DETAILS

Factory efficiency =
80%
No of working days in 1 month = 25
No of hours in 1 day =
8
No of shifts =
1
Output/day =
1000 pc

WAGE DETAILS
SL
NO

WORKER TYPE

MONTHLY SALARY

PRODUCTION DEPARTMENT
1.

Production Manager

2.

Supervisor

3.

Cutter-cummarker

Grade-A

4000

Grade B

3000

Machine operator

Grade A

4000

Grade B

3500

4.
5.

Trimmer

6.

Checker

Grade A
Grade B

7.

Washer

8.

Iron man/ presser

Grade A
Grade B

9.

Packer

SL
NO

WORKER TYPE

ADMINISTRATIVE STAFF
1.

Manager(Accounts/Shipping/Purchase
/Sales)

2.

Accountant/Cashier/Clerk/Typist

3.

Store keeper

4.

Driver

5.

Time keeper

6.

Security/Watchma
n

7.

Sweeper

MONTHLY SALARY

PRODUCT COSTING
COSTING

MATERIAL

DIRECT

INDIREC
T

LABOUR

DIRECT

INDIREC
T

EXPENCE

DIRECT

INDIREC
T

OVERHEA
D
MANUFACTURIN
G

OFFICE &
ADMINISTRATION

SELLING &
DISTRIBUTION

PRODUCT COSTING
TOTAL COST = Prime Cost +
Overhead Cost
PRIME COST = Direct Labour +
Direct Materials +
Direct Expenses
OVERHEAD COST = Indirect Labour +
Indirect Material +
Indirect Expense

DIRECT COSTS
MATERIAL
LABOUR
Spreading, cutting, bundling
Sewing
Finishing & packaging

EXPENCE

OVERHEADS
MANUFACTURING
SELLING & DISTRIBUTION
OFFICE & ADMINISTRATION

TOTAL COST OF JACKET

PRODUCT PRICING
Mark up

BIBLIOGRAPHY

THANK YOU