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Knit Fabric Manufacturing: Cost Calculation

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Knit Fabric Manufacturing: Cost Calculation

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Questions and Answers

What is the total production time calculated in the given example?

7 shifts (correct)
5 shifts
9 shifts
10 shifts

What is the weight of yarn used after deducting wastage percentage?

980 kg (correct)
960 kg
1020 kg
1000 kg

What is the formula for calculating the total production capacity per shift?

No.of machines × capacity (correct)
No.of operators × capacity
No.of helpers × capacity
No.of machines × capacity per hour

What is the total direct labour cost calculated in the given example?

Rs. 4900 (D) Signup and view all the answers

What is the cost of yarn used in the given example?

Rs. 200000 (C) Signup and view all the answers

What is the formula for calculating the knitting cost per kg?

Direct labour (D.L) + Direct expenses (D.E) + Overhead (OH) (A) Signup and view all the answers

What is the total production in kilograms?

400 kg (A) Signup and view all the answers

What is the total finishing production time in shifts?

0.5 shift (B) Signup and view all the answers

What is the cost of Chemical A per kilogram?

Rs. 25 per kg (C) Signup and view all the answers

What is the total monthly salary expenses?

Rs. 50000 per month (A) Signup and view all the answers

What is the percentage of profit?

15% (D) Signup and view all the answers

What is the formula for calculating the finishing cost per kilogram?

Direct labour + Direct material + Direct expense + Direct overhead (C) Signup and view all the answers

What is the total dyeing production time in shifts?

2 shifts (D) Signup and view all the answers

What is the total cost of Chemical A consumed?

Rs. 15000 (D) Signup and view all the answers

What is the total cost of Dye A consumed?

Rs. 1250 (A) Signup and view all the answers

What is the monthly labour cost?

Rs. 48000 (D) Signup and view all the answers

What is the total monthly cost of steam?

Rs. 75000 (C) Signup and view all the answers

What is the total monthly cost of power?

Rs. 50000 (C) Signup and view all the answers