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Copyright 2006
Cornell
University.
All rights reserved. |
Cost Specification Sheet
Style #: 8600 Description: Suzannah Pant: Spring '05
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Cutting |
Sewing |
Finishing |
Totals |
| Standard Labor |
.03 |
2.0005 |
0 |
2.0305 |
| Excess % |
45% |
38.4% |
0 |
|
| Excess $ |
.0135 |
.7682 |
0 |
.7817 |
| Total Direct Labor |
.0435 |
2.7687 |
0 |
2.8122 |
| Plant Overhead % |
115% |
50.1% |
0 |
|
| Plant Overhead $ |
.05 |
1.3871 |
0 |
1.4371 |
| Administrative Overhead % |
60% |
60% |
0 |
|
| Administrative Overhead $ |
.0261 |
1.6612 |
0 |
1.6873 |
| Total Labor: |
.1196 |
5.8170 |
0 |
5.9366 |
| Grand Total Labor |
$5.94 |
| Trim |
1.40 |
| Piece Goods |
4.88 |
| TOTAL Manufacturing Cost |
$12.22 |
| Gross Margin % (gross margin/sales price |
40% |
| Gross Margin $ (sales price-mfg. cost) |
8.15 |
| Selling Price |
$20.37 |
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