18 Questions
What is the total production time calculated in the given example?
7 shifts
What is the weight of yarn used after deducting wastage percentage?
980 kg
What is the formula for calculating the total production capacity per shift?
No.of machines × capacity
What is the total direct labour cost calculated in the given example?
Rs. 4900
What is the cost of yarn used in the given example?
Rs. 200000
What is the formula for calculating the knitting cost per kg?
Direct labour (D.L) + Direct expenses (D.E) + Overhead (OH)
What is the total production in kilograms?
400 kg
What is the total finishing production time in shifts?
0.5 shift
What is the cost of Chemical A per kilogram?
Rs. 25 per kg
What is the total monthly salary expenses?
Rs. 50000 per month
What is the percentage of profit?
15%
What is the formula for calculating the finishing cost per kilogram?
Direct labour + Direct material + Direct expense + Direct overhead
What is the total dyeing production time in shifts?
2 shifts
What is the total cost of Chemical A consumed?
Rs. 15000
What is the total cost of Dye A consumed?
Rs. 1250
What is the monthly labour cost?
Rs. 48000
What is the total monthly cost of steam?
Rs. 75000
What is the total monthly cost of power?
Rs. 50000
Test your understanding of knit fabric manufacturing cost calculation, including direct labor, direct expenses, and overhead. Learn how to calculate total production and production time in this quiz.
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