Sample Garment Costing Format for Woven Fabric

Sample Garment Costing Format for Woven Fabric

Noor Ahmed Raaz
Specialized in Apparel Manufacturing
Owner and Editor in chief Textile Merchandising
Asst. Prof., Department of Textile Engineering
Atish Dipankar University of Science & Technology
Email: mnnabi@adust.edu.bd

Garment Costing:

Costing is the process and technique of estimating the cost for a product or services or process. Cost is estimated freshly that is what would be the cost for the particular activity which is going to be carried out. The main purpose of costing is to determine the selling price. Costing was primarily developed to serve the needs of the organization. The technique and methods to be used for ascertaining of the cost vary from unit to unit depending upon the nature of the industry, type of the product, method of production and the meaning or the sense in which the term cost is used.

Elements of Costing in Apparel Industry:

Cost is defined as expenditure used to manufacture a product or to render a service or to carry out a process. Other factors to be considered in determining the price are competition, market condition, demographics, etc. Costing consists of several matters such as-

1. Fabric Cost
2. CMT
3. Cut Make and Trim
4. Cutting
5. Making and Trimmings
6. Accessories
7. Extra Process
8. Other Charges
9. Overheads
10. Profit Margin
11. Commission of Agent

1.Fabric Cost: Grey fabric, lining fabric, dyeing cost, etc.

2. CMT: CMT define as the Cut Make and Trim cost.

3. Cutting: Cutting includes all cost.

4. Making and Trimmings Cost: Thread lace crochet waistband, ladder lace, zipper cord piping, drawcord piping, pocket attachment, pocket bag making, loop making, and attachment, fusing

5. Accessories Cost: Buttons, main label, brand tag, hang tag, individual polybag, master polybag, pins, clips, paper, and carton.

 6. Extra Process Cost: Garment surface ornamentation-embroidery, printing, smocking, garment washing, garment dyeing, discharge, blasting, and crinkle.

7. Other Charges Cost: Lab testing, textile testing charges, clearing, forwarding charges, domestic transport

8. Overheads Costing:  Factory, office administrative work, telephone charges, internet charges.

9. Wastage Cost: Rejection ration for each segment.

10. Profit Margin Cost:  Mark-up cost 18-20%

11. Commission of Agent: as per the organization.

Sample costing format for woven fabric

Sample Costing Procedure for Woven Garment:

Suppose, Costing of Men’s Shirt in 100% cotton dobby fabric. Fabric rate is 117 Rs per meter. Consumption for the garment is 1.50meters. Here mention the present market rate. It can vary regarding market price variation.

CMT- 250Rs

Accessories- 155 Rs

Extra process- 140 Rs

Additional charges- 100 Rs

Overheads- 7%

Wastage – 3%

Commission of agent – 5%

Profit- 18%

Sample Costing Format:

Cost of men’s Woven Shirt in U.S. DOLLAR is $ 16.27 per Garment

Cost of men’s Woven Shirt in EURO is€14.01  per Garment

Cost of men’s Woven Shirt in POUND is£12.03 per Garment

Cost of men’s Woven Shirt in INR (Indian Rupee) is 1107 Rs per Garment