Cost & Consumption calculation of Sweater

From this example we will learn how calculate the price of sweater

Style: Cable leader Jumper, 100% Acrylic, 3 GG

Say,

         Weight of yarn = 12.00 LBS/Dozen

         Wastage of yarn = 10%

         Yarn price = $2.50/lbs

         Accessories Cost = $4.00/dozen

         CM = $36.00/dozen  

Costing

Rules = {(Sweater garments weight (dozen) + Wastage) X Yarn price(per lbs)} + Accessories cost (per dozen) + CM (per dozen)

= (12.00 + 10%) X $2.50 + $4.00 + $36.00

= (13.2 X $2.50) + $4.00 + $36.00

= $33.00 + $4.00 + $36.00

= $73.00/dozen (without any commercial cost)

= $6.0833 / pc