Cost Sheet
Every product needs to be calculate for it’s cost and mention it in a sheet called as cost sheet. Every organisation need to prepare cost sheet for a product to be manufactured. Depending upon the cost sheet budget is going to be calculate and order is placed. Generally cost sheet is made by manufacturer and presented it to the buyer for approval.
Cost sheet includes cost of –
1. Fabric
2. Fusing
3. Pocketing (for trouser, jacket)
4. Lining, felt, canvas (jacket)
5. Trims and accessories (buttons, hooks, zip, etc.)
6. Sewing thread
7. Cost of unit
8. Material quantity
9. Colour
10. Size
11. Buyer’s order information (name, product type, quantity, style, etc.)
Advantages of the cost sheet –
1. Help to calculate production cost
2. Help to define selling price
3. Analyse spending of money
4. Identify unacceptable amount of money
5. Understand the price distribution
Here is the example of the Cost Sheet for formal shirt
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