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Does anyone know how to calculate this ? Subject : Costing Dome Textile receives yarn and knit body size tubes of fabric for fabrication into

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Does anyone know how to calculate this ?

Subject : Costing

Dome Textile receives yarn and knit body size tubes of fabric for fabrication into tee shirts. The greige fabric is shipped to another location for cut and sew. The following are common consideration conditions at the company : Warehouse Floor space $52.50 ft2 with 15 yrs dep. Manufacturing floor space $68.35 ft2 with 15 yrs dep. Utilities $2.17 ft2 per year Power , 1 hp=0.68kW per year, 1 kwh costs $0.115 Management overhead is charged at 21% of wages and salaries The following apply to the receiving and Shipping Function; Function requires 1200 ft2 Operates 40 hr per week 2 employees at $9.75 hr Equipment $33,000 with 6 yrs dep. The following apply to the Knitting Function; 12 mcs of 12" diameter machines @ $24,600 each (small) 30 rev/min 16 mcs of 13" dia. Machines @ $26,200 (medium) 28 rev/min To deliver 40,000 yds per week for 12" Dia. Mc and 50,000 yds per week for 13" mcs All the fabrics are made from 18/1 100% cotton yarn and have 18 wpi x 22 cpl. Each knitting has 24 feeds and the average efficiency is 79%. The greige fabric weight 3.27 oz per yd2 The function operates 80 hrs/wk ( 2 shifts), 52 weeks per year Each knitter operates 12 machines and earns $11.15 hr. One mechanic per each shift @ $15.84 per hr Each machine uses 3.75 hp motor The function occupies 6200 ft2 One supervisor $38,000 yr The yarn cost $2.14 per lb Determine the cost of 13" diameter machines in one week production Dome Textile receives yarn and knit body size tubes of fabric for fabrication into tee shirts. The greige fabric is shipped to another location for cut and sew. The following are common consideration conditions at the company : Warehouse Floor space $52.50 ft2 with 15 yrs dep. Manufacturing floor space $68.35 ft2 with 15 yrs dep. Utilities $2.17 ft2 per year Power , 1 hp=0.68kW per year, 1 kwh costs $0.115 Management overhead is charged at 21% of wages and salaries The following apply to the receiving and Shipping Function; Function requires 1200 ft2 Operates 40 hr per week 2 employees at $9.75 hr Equipment $33,000 with 6 yrs dep. The following apply to the Knitting Function; 12 mcs of 12" diameter machines @ $24,600 each (small) 30 rev/min 16 mcs of 13" dia. Machines @ $26,200 (medium) 28 rev/min To deliver 40,000 yds per week for 12" Dia. Mc and 50,000 yds per week for 13" mcs All the fabrics are made from 18/1 100% cotton yarn and have 18 wpi x 22 cpl. Each knitting has 24 feeds and the average efficiency is 79%. The greige fabric weight 3.27 oz per yd2 The function operates 80 hrs/wk ( 2 shifts), 52 weeks per year Each knitter operates 12 machines and earns $11.15 hr. One mechanic per each shift @ $15.84 per hr Each machine uses 3.75 hp motor The function occupies 6200 ft2 One supervisor $38,000 yr The yarn cost $2.14 per lb Determine the cost of 13" diameter machines in one week production

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