How to Calculate Minute Cost of Sewing Line in Apparel Sector?
How to Calculate Minute Cost of Sewing Line in Apparel Industry?
Minute cost calculation for the garments sewing line is too much need to earn maximum profit from an export order. But it is not an easy task that we have normally seemed. An industrial engineer has to do this task by maintaining various terms and conditions. As its importance in the readymade garments sector today I will present here two easy methods for calculating the minute cost for the sewing line.
Method for Calculating Cost Per Minute of Sewing Line in Garments Industry:
An industrial engineer can easily calculate the cost per minute of sewing lines in the apparel industry by following the two different formulas. Those are in the below:
1. Cost per minute of sewing line,
2. Cost per minute of sewing line,
Now, two examples are enough to clear all the confusion from the above discussion.
Example for the formula number-01:
Suppose, in Nishat garments ltd. the total salary of sewing lines for one day is 10000taka, no. of manpower’s for 20 machines is 30 and line efficiency is 50%, then calculate cost per minute in 8 working hours of each sewing lines for that garments.
The total salary of sewing lines for one day = 10000 takas,
Total no. of manpower’s = 30,
Total working hours = 8,
Line efficiency= 50% = 0.5
Cost per minute of sewing lines,
= 1.39 taka
So, the cost per minute for each sewing lines of Nishat garments is 1.39 taka.
Example for the formula number-02:
Suppose, in Abonty fashion ltd. The actual salary per day of all the operators and helpers is 15000, total garments produced per day is 400, where the standard allowed minutes (SAM) for the garments is 20. Then calculate the cost per minute of each sewing lines for those garments.
Actual salary per day of all the operators and helpers = 15000,
Total no. of garments produced = 400,
Standard Allowed Minutes (SAM) for the garments = 20
Cost per minute of sewings line,
= 1.875 taka
So, the cost per minute of sewing lines is 1.875 taka.