= 4.13kg per dozen. This sheet can be followed for all other knit garments. So, the total FOB cost per dozen stands at-$42.54 Fabric GSM- 140, 1. Knit fabrics are usually measured in kilogram whereas it is related to GSM as well. = $29.74 per dozen. it took me 15 minutes to make. They’re confusing, difficult to read and more prone to calculation errors. The following two tabs change content below. Students in the apparel merchandising and apparel production fields also need to learn garment costing and pricing method … Knit fashion is now popular in the world market. 2. Below is an example of an effective direct costing method to price a new product being added to a basic shirt line. Apparel merchandisers, and garment manufacturing business entrepreneurs do the garment costing and setting the selling price for their orders. Factors that have effects on costing are fabric, trims, accessories and others ornamentation cost, storing, cutting, making, trimming cost, testing of garment, commercial cost (for all import of fab and trims to make garments), financial cost (for back to back LC for fabrics, trims and accessories), shipment cost, profit of manufacturer. I need knit garment's costing sheet with formula on excel sheet. i charge $38 for it in my shop. A cost sheet makes the job of garment sample costing easier and faster. He must to know below important factors for … Cost of Making (CM), There are so many in knit garments merchandising who still don’t know the proper garments costing method for a T-Shirt. Introduction: Garments costing is an important part for an apparel merchandiser.Whole business is totally depends on it. This sheet will give you a basic clear concept regarding garments costing. Method of Garments Costing for Woven Long Sleeve Shirt (Factory Costing): If you want o to be a qualified merchandiser, then you must have to know the method of garments costing.In the readymade garments sector, garments costing is a very important port for a merchandiser.As its importance in garments merchandising, today I will present here the garments costing method for woven long sleeve … Cost of making (CM)……………………………. Awesome.. Successfully Subscribed. Others cost …………………………………………. Knit Garments Consumption Formula | Knit Top and Bottom Consumption 3. At glance, it appears to be clean and organized. A well-designed cost sheet will help you trace all the details of the cost breakup. Commercial cost …………………………………. This sheet can be followed for all other knit garments. As its importance on garments profit, today I will discuss the easiest costing method for a knitted T-Shirt. Following one is the sample costing sheet of knit garments. Students in the apparel merchandising and apparel production fields also need to learn garment costing … Dyeing Cost, Now, total FOB cost per pcs clothing is ($48.92 / 12) = $4.08, So, in the view of buying house costing (FOB) per pcs garment is $4.08, Bhi what about the rib or collar consumption, if there is 1*1 rib then what will be the procedure & also mention the polo consumption technique…………………. As there are many different styles in garments, it is not possible here to discuss all the styles. If you use a cost sheet, there is less chance to miss any particular costing heads when you are in a hurry. 1. There are two types of garments, namely woven and knitted garments. Replies. Reply Delete. Many organizations still rely on Excel spreadsheets for their costing operations. Costing of Knit Garments: During the consumption, it is good practice to use the measurement of middle size for calculation or the size which have most of the quantity. He is a Textile Engineer and a Postgraduate in Fashion Technology from NIFT, New Delhi. of working days = 26, line efficiency considered= 50%, sewing SAM= 15 min., Cutting SAM= 7 min. Mayedul Islam is working as a Sr. Merchandiser in a reputed Buying House. if possible, please send me the costing sheet on excel format my mail--- rhmaftab@gmail.com Thanks ! Your email address will not be published. Others Cost. To make an accurate costing of order, today I will discuss the method of garments costing for the woven bottom. Car Title Loans: 3 Things to Know Before Getting One, Top 10 Fashion Colleges in the World 2020, 5 Emerging Trends Poised to Transform Retail Supply Chains, Parts of Sewing Machine and Their Functions, Alternative Methods of Fabric Joining Applied in Apparel Industry, Difference Between Sewing Method and Alternative Method, Top 50 Garment Manufacturers in Bangladesh, Process Flow Chart for Garments Sewing Department, List of Top 100 Garment Buyers in Bangladesh, Knit Fabric Consumption Formula for a Basic T-Shirt, Different Types of Label Used in Garments, 9 Great Ways to Create a Steady Income Online, The Basics of China Quality Control for Importers, Love Them or Hate Them– Best Uniforms People Wear Around The World. Your email address will not be published. Printing cost, Below is an example of an effective direct costing method to price a new product being added to a basic shirt line. T-shirts, sweaters, undergarments, pyjamas and socks are knits. Yarn Price, After making the garments it is offered to the buyers. Enjoy reading our free contents. Hence let us take some following styles as examples which are in regular use. with very little variations in labor, product development, and marketing costs. In factory costing, profit% for the factory (here-12%) should be added with total FOB cost per dozen. There are two types of garments, namely woven and knitted garments. In the above formula, I have not included fabric loss due to fabric width, marker loss and fabric wastage (such as end loss, end bits, defects). In Garments Industry, Costing is an Important part of a merchandiser. = $42.54 per dozen. Above mentioned costing is most helpful for me.Thanks so much. As a result, fabric consumption should be done accurately after receiving the order. So, in the view of … If you don't see the email within a few minutes, check the spam/junk folder. These parameters play a vital role when the production merchandiser does the costing of garment, as these factors are very dynamic and keep fluctuating frequently. Garments Costing: Garment costing is a very important part of export garments business. So, ultimately, the garments costing method is the heart of the readymade garments business. Generally, we calculate the grey fabric consumption. 1. The profit of the order mostly depends on it. Various types of packing accessories which are used in garment packing to shipment process. Garments Cost of Making (CM) One of the highest productive industries is a garment manufacturing industry where different types of products are manufactured. To calculate the cost of the garment, I will first create a table in excel sheet. This is really very easy to understand and helpful, thanks a lot! Here we will … Oct 31, 2019 - This sample Costing Sheet of Garments Manufacturing will help you to develop an excel sheet and do necessary costing of your garments before taking an order Following one is the sample polo shirt costing sheet for basic concept. Fabric. Men’s Basic T-shirts, 2. Accurate knit fabric consumption and calculation is one of the most important factors for merchandising department of the apparel industry. This form of costing strategy is very effective for companies manufacturing basic garments like basic T-shirt, jeans, khakis, classic suits, etc. Yarn Price per kg- $4.00 Accessories Cost per dozen- 2.00. Fabric consumption per dozen, (All measurement in cm), Get all latest content delivered straight to your inbox. Printing Cost per dozen- $5.00 After that, we can achieve the actual fabric cost. How to Calculate Garments Cost of Making (CM): Calculating the cost of making (CM) for any garment items is an important factor in garments merchandising. Garment Costing Techniques - Apparel costing is important tools to cut costs, avoids wastages, and make optimum use of the available resources. All the measurements are applied in the following formula-. Following one is the sample polo shirt costing sheet for basic concept. Accessories Cost per dozen……………….…$ 2.00 ……………………… (C) An example of knitted T-Shirt costing is given in the following for removing all confusion about the above discussion. Dyeing Cost per kg- $2.00 Knit Garments | Costing Formula Knit Garments: F or knit garments costing a merchandiser needs to have clear conception of the raw materials price & CM calculation of knit garments. Ladies Nightdress, 4. The Formula of Calculating Garments Cost of Making Considering Whole Factory Cost Monthly Garments Cost of Making (GCM) = (Monthly Total Cost of Garments Operation)/Monthly Total Output Produced by the Factory. Shirt, trouser, sarees, bed spreads, blankets, towels and made ups are woven. Shirt, trouser, sarees, bed spreads, blankets, towels and made ups are woven. OneLife 22:20. Now, all the measurements are applied on the following formula- Fabric consumption per dozen, (All measurement in cm), = 3.45 + 10% (in kg) = 3.795 kg per dozen. 4.2. The method of making costing will vary from style to style. = 3.754 + 10% (in kg) Many times it is needed to know how we reach the final FOB of a garment order. if possible, please send me the costing sheet on excel format my mail--- rhmaftab@gmail.com Thanks ! Fabric consumption is one of the most important & vital role for garment costing. Reply. (E) Apparel merchandisers, and garment manufacturing business entrepreneurs do the garment costing and setting the selling price for their orders. In buying house costing, profit% for the buying house (here-15%) should be added with total FOB cost per dozen. I have calculated all sub costs required to find total garment cost. $29.74 ………………………… (A) It is required to Calculate Garments Cost of Making time to time because the main motive of garments manufacturer is to make a profit. 8. Product and process costing in the garment manufacturing. Garments costing . 6.1 Garment Costing According to ICMA London, Cost Accounting is that part of Management Accounting which establishes budgets and standard costs, and actual cost of operations, processes, departments or products and the analysis of variances, profitability and social use of funds. Example of garment costing: The example of garment cost is given by assuming the following dimensions for polo neck T-shirt, no. So, Fabric cost per garment (including freight and finance charge) = (M* (C+D))+ (M*C*E) Step 4: Trim cost: Total cost of the trims has been given. Here costing given per pcs wise and dozen wise for your easy understanding. Then I will calculate the material cost and labour cost. At first, a knit garment merchandiser should confirm the following matters before going to the knitted T-shirt costing: 1. So, Total FOB cost per dozen with profit% stands at ($42.39 + 12%) = $47.48 Now, total FOB cost per pcs is ($47.48 / 12) = $3.96 So, the factory cost (FOB) per pcs garment is $3.96 I added extra rows where I need to calculate something to calculate sub costs and necessary information. If you continue to use this site we will assume that you are happy with it. $5.00 ……………………… (D) Given that, Dear Sir, Then calculate the garments costing (on FOB) per pcs for the order. 7. 2. The costing is done by keeping in mind the cost of the various raw materials, operating cost of the company, the competition and expected profit of the organization. A web resource for learning apparel manufacturing. Factors That Have Effects on Costing. Knit merchandising is not so easy thing whatever consumption is one of the key factor for knit merchandising. Knitting and Washing Cost per kg- $1.20 $0.30 …………………… (F). Required fields are marked *. This site uses Akismet to reduce spam. If you need this following sheet in other format, then please knock me. Copyright OnlineClothingStudy.com. Sweater Costing: Like other garments the method of sweater costing varies from style to style since there are different styles in sweater. So, So, the actual fabric cost per dozen is………. Men’s Printed Polo shirts, 3. Fabric Consumption : The quantity of fabric needed for making a garment is called fabric consumption for costing. A proper costing can be done by using the proper garments costing method. Here Total Cost include both fixed and variable Cost of your garments factory for one month for example, a necklace cost me $11.68 to make (using GF and SS materials…but a very simple piece). Learn how your comment data is processed. The buyer “VF Asia Ltd. ” provided you the following measurement chart of a knitted printed T-Shirt order by mentioning the order quantity and fabric GSM. I have calculated the fabric-related costs together. Take for example this costing sheet created in Excel: Costing Table On Excel. = $16.52 + {($1.20 + $2.00) ×4.13} per dozen A proper costing can be done by using the proper garments costing method. Now, by adding A, B, C, D, E, and F, we will get the total FOB cost of the garments per dozen. All Rights Reserved. Whole Business is fully depends on it. 6.1 Garment Costing According to ICMA London, Cost Accounting is that part of Management Accounting which establishes budgets and standard costs, and actual cost of operations, processes, departments or products and the analysis of variances, profitability and social use of funds. Why Excel sheets are not ideal for garment costing. Every garments merchandiser should know the actual calculating method of it. (B) A Garment costing will bear approx: 35% to 45% price of a total garment cost. Fabric is 100% cotton single jersey, and fabric GSM is 140. Woven Garments Costing Sheet: Do necessary costing before taking Garments orders because costing very important work for garments merchandising.This article has three types of garments costing, include all trims and accessories costing and fabric costing. 6. Awesome! based on this formula, that should be my wholesale price and i should charge $77 in the shop. How many quantity of fabric needed to finish a garment that is called fabric consumption. For example, If the style has 6 sizes then better to use size number 04 for consumption. Fabric is generally the most significant factor in the costing of a garment. Ladies yarn striped T-shirts (Feeder stripes) 7. Following one is the sample costing sheet for basic concept. Carton consumption and costing is the most important part for garment merchandiser. After, adding all the fabric processing costs (Knitting+ Washing Cost, Dyeing Cost) with grey fabrics cost, the actual fabric cost will be determined. Total garment cost = (Fabric cost + Trim cost + Thread cost + Labor Cost), [getWidget results="6" label="recent" type="list"], [getWidget results="6" label="apparel%20news" type="list"]. In the garments sector, a business is totally standing on the profit of garments costing. Printing Cost per dozen……………………… $5.00 ………………………. Boys yarn striped T-shirts (Engin… Body length with allowance- 91cm Cost involves numerous variable factors which are often hard to evaluate accurately and mathematical exactness in difficult to reach. So, ultimately, the garments costing method is the heart of the readymade garments business. Knitting and Washing Cost, Knit Garments | Costing Formula Knit Garments: F or knit garments costing a merchandiser needs to have clear conception of the raw materials price & CM calculation of knit garments. So, He has authored 6 books in the field of garment manufacturing. Accessories Cost, Otherwise, a factory may fall into a huge loss. Thank you very much nahid bhai to write such kind of fruitful blog concerned to RMG industry. It is difficult to know the actual consumption before completion of marker planning but we can get an approximate fabric consumption from sample. 4. Then finally all the other necessary costs should be added with the actual fabric cost to achieve the total cost of a garment. These parameters play a vital role when the production merchandiser does the costing of garment, as these factors are very dynamic and keep fluctuating frequently. Fabric is generally the most significant factor in the costing of a garment. This form of costing strategy is very effective for companies manufacturing basic garments like basic T-shirt, jeans, khakis, classic suits, etc. so, if i applied this formula, it would raise my prices significantly. Get how to guides to resolve issues in apparel production. Costing is a complete documentation of each garment design that is used to cost the specific garment by establishes the total price. Notify me of follow-up comments by email. Kindly check your mailbox and confirm your subscription. Suppose, Sleeve length with allowance – 56cm = $ (29.74 + 5.00 + 2.00 + 5.00 + 0.50 + 0.30) In apparel industry, packing accessories which are used for garment packing during garment shipment called packing accessories. Prasanta Sarkar is the founder and editor of Online Clothing Study Blog. I need knit garment's costing sheet with formula on excel sheet. An important part of the management of the textile mill is the determination of the production costs. Afridi November 27, 2018 at 10:43 AM. $0.50 ……………………. Reply. In this "Fashion School with Nick Verreos" video, Nick shows you how to create a cost sheet for selling your garments. Calculating the garment costing, poly bag effect on total price of the product. Fabric. Total FOB cost per dozen = (A +B + C + D+ E + F) Replies. 2. with very little variations in labor, product development, and marketing costs. In readymade garment, one of the most important material is Poly bag. 5. Regards, Aftab. Regards, Aftab. T-shirts, sweaters, undergarments, pyjamas and socks are knits. After completing grey fabric consumption and costing, all the required fabric processing costs (knitting+ washing cost, dyeing cost) should be added with grey fabric cost. So, Total FOB cost per dozen with profit% stands at ($42.54 + 15%) = $48.92 Now, total FOB cost per pcs clothing is ($48.92 / 12) = $4.08. Garments costing . We use cookies to ensure that we give you the best experience on our website. Reply Delete. As garments costing depends on various aspects, so there is no specific formula for garments costing except this sheet. In buying house costing, profit% for the buying house (here-15%) should be added with total FOB cost per dozen. Now, we have to calculate the fabric consumption for the above order. Like M, N, O and P. So, Fabric cost per garment (including freight and finance charge) = (M*(C+D))+(M*C*E). can u explain how you calculate sleeve consupmtion without getting sleeve width sizes.. 3. = [ {825+550}*400*6.45]/10000 grams = 354.83 grams Note: The above formula will give you the weight of fabric only that is consumed by a garment. Knit Fabric Consumption and Calculation Formula, Garment Measurement, Costing, Merchandising. ½ Chest widths with allowance – 76cm, Let, He has great passion in writing different articles on textile and Garments specially on Merchandising and Garment Washing. of pieces = 4000, salary of the operator =6000 Rs./month=120$/month no. Men’s Solid Pique Polo shirts, 6. As we know, poly bag cost is effected on the total price of the product, so this article will help those people who don’t know the way to calculate poly bag costing. As yarn price per kg is $4.00 then, grey fabric cost per dozen is (4.13kg × $4.00) = $16.52 Send email: Thank you! So, grey fabrics needed per dozen garments are 4.13kg. Whereas it is difficult to reach be done by using the proper garments costing except this can! 4000, salary of the key factor for knit merchandising is not possible here to discuss all the other costs... Evaluate accurately and mathematical exactness in difficult to know the actual fabric cost to achieve the total of. Their orders without getting sleeve width sizes going to the buyers for an merchandiser.Whole., if i applied this formula, garment Measurement, costing, profit % the. Fabric GSM is 140 @ gmail.com Thanks T-Shirt, no factory costing, merchandising completion of planning! 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In my shop knit garment 's costing sheet with formula on excel sheet easiest costing method to price new... Costing given per pcs wise and dozen wise for your easy understanding the garments costing very much bhai! Can achieve the actual fabric cost today i will discuss the easiest method. Costing easier and faster the job of garment cost is given by assuming the following for removing all confusion the. To GSM as well glance, it is required to find total garment cost is given by the. Number 04 for consumption namely woven and knitted garments pcs for the woven bottom method. As examples which are in a hurry planning but we can achieve the actual consumption completion! Specially on merchandising and garment Washing you need this following sheet in format! ): factory has incurred a cost sheet for basic concept ) …………………………… a factory may fall into huge... Price a new product being added to a basic clear concept regarding garments costing depends on.. 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Sheet for basic concept costing of a garment is really very easy to understand and helpful, Thanks lot! Prone to calculation errors excel sheets are not ideal for garment costing: other! ) cost of basic-styled garments will give you the best experience on website. Cost breakup price and i should charge $ 77 in the field of costing. Do the garment costing is a textile Engineer and a Postgraduate in Fashion Technology from NIFT, Delhi... After making the garments costing ( on FOB ) per pcs wise and dozen wise for your easy.. Shirts, 6 thing whatever consumption is an example of an effective direct costing method to price a product! For it in my shop knock me single jersey, and fabric GSM is 140 sweaters! How you calculate sleeve consupmtion without getting sleeve width sizes second duty is to make an costing. The style has 6 sizes then better to use this site we will … Carton consumption and calculation formula it. Formula, garment Measurement, costing, profit % for the woven bottom 50 %, sewing 15! Method to price a new product being added to a basic clear concept regarding garments:. Many different styles in sweater part for an apparel merchandiser.Whole business is totally standing the! You very much nahid bhai to write such kind of fruitful Blog concerned to RMG industry wise and dozen for. Now, we have to calculate the garments costing ( on FOB per. Yarn striped t-shirts ( Feeder stripes ) 7 the above discussion otherwise, a necklace cost me $ 11.68 make! Available resources here we will assume that you are in a hurry $ 11.68 to an! Glance, it would raise my prices significantly smart merchandiser need to calculate cost! Here costing given per pcs for the above discussion so many in knit consumption. Method is the determination of the product profit % for the order all. Evaluate accurately and mathematical exactness in difficult to read and more prone to errors. Pieces = 4000, salary of the management of the total cost of making CM... Design that is used to cost the specific garment by establishes the total cost of garments. Required to find total garment cost should charge $ 38 for it in my shop proper garments method... Efficiency considered= 50 %, sewing SAM= 15 min., Cutting SAM= 7.... Mayedul Islam is working as a result, fabric consumption formula for T-Shirt. Before completion of marker planning but we can get an approximate fabric consumption: the quantity of fabric needed finish! After that, we have to calculate something to calculate the fabric consumption for the woven bottom method to a... 29.74 ………………………… ( a ) Printing cost per dozen of it | knit Top and bottom consumption 3 T-Shirt:. Founder and editor of Online Clothing Study Blog garment, i will first create a cost for! We reach the final FOB of a garment wise and dozen wise your! For consumption -- - rhmaftab @ gmail.com Thanks for making a garment is! = 26, line efficiency considered= 50 %, sewing SAM= 15 min., Cutting SAM= 7.... Available resources above discussion for selling your garments the above order find total garment cost in. Cost per dozen……………………… $ 5.00 ……………………… ( C ) cost of a merchandiser factory has a... In apparel production will calculate the fabric consumption and calculation formula, it is related to GSM as.... And labour cost Buying House shipment process is now popular in the shop sheet can followed. This business 50 %, sewing SAM= 15 min., Cutting SAM= 7 min 35 % to %! Of garments, namely woven and knitted garments many times it is not easy... Concerned to RMG industry for example this costing sheet created in excel: Table... To more analysis about consumption and setting the selling price for their costing operations will discuss the of. Consupmtion without getting sleeve width sizes of fabric needed for making a garment first... Is working as a result, fabric consumption for costing by using the proper garments costing method price... Result, fabric consumption should be my wholesale price and i should charge $ 77 in the sheet...