Costing is the deciding factor for fixing of prices and the important thing to follow in all stages like purchase, production, marketing, sales, etc. Also updated knowledge about everything related to garments, is essential to make perfect costing. Costing includes all the activities like purchase of fabrics and accessories, processing and finishing of fabrics, sewing and packing of garments, transport and conveyance, shipping, over heads, banking charges and commissions, etc. We must be aware that there are always fluctuations in the costs of raw materials and accessories, charges of knitting, processing, finishing, sewing and packing, charges of transport and conveyance. The method of making costing will vary from style to style. Designer/ Merchandiser would need to prepare the basic cost sheet. To find out the costing of a garment, the following things should things be calculated: A. Fabric consumption (Fabric cost per garment. ) B. Other charges (print, embroidery, etc).
C. Cost of trims (labels, tags, badges, twill tapes, buttons, bows, etc). D. CMT charges.
E. Cost of accessories (hangers, inner boards, polybags, cartons, etc). COST SHEET
A cost sheet has following sections:
* Information Area
* Total Cost
Any other fabric used
The garments manufactured in many sizes to fit for everybody. Generally they are in sizes Small (S), Medium (M), Large (L), Extra large (XL) and Double Extra Large (XXL). The quantity ratio or assortment can be any one of the following approximate ratio. For approximation, an average size like L can be taken as in most cases the price is going to remain the same irrespective of the size selected. As a general rule we might assume that:...