Production Costing

This is part of my class assignments for the ParsonsXTeenVogue Fashion Industry Essentials certification program.  It will be costing the bag I’ve designed.


Shirt Costing:

Custom Made

  • Black Sheer Chiffon (per yard): $15.99
  • Buttons: $1.99
  • Bias Tape: $2.99

    Total Cost: $20.97

  • +Cost Plus 20%: 4.19
  • + 1.5hrs Labor: $37.50

    Total: $62.66

Wholesale

  • Black Sheer Chiffon (per yard): $2.50
  • Buttons: $0.25
  • Bias Tape: $0.25

    Total Cost: $3.00

  • +Cost Plus 20%: $0.60
  • + 1hrs Labor: $10.00

    Total Cost Plus: $13.60

  • Expected Retail  Price: $26.00

 

Bag Costing- Materials & Hardware:

Custom Made

  • Faux Leather (Per Yard): $34.00
  • D-Rings: $2.99
  • Strap Clips: $6.99
  • Fashion O-Rings: $6.92
  • Buckles for straps: $2.99
  • Lining (Per Yard): $2.99
  • Interfacing: $10.00

  • Total Cost:  $66.88
  • + 20%:  $13.38
  • + 1.5 hrs at $25/hr: $37.50

  • Total: $117.76

Wholesale

  • Faux Leather (Per Yard): $5.98
  • D-Rings: $0.25
  • Strap Clips: $0.50
  • Fashion O-Rings: $1.00
  • Buckles for straps: $0.50
  • Lining (Per Yard): $0.90
  • Interfacing: $0.50

  • Total Cost:  $9.63
  • + 20%:  $1.92
  • + 1 hrs at $25/hr: $10.00

  • Total: $21.55
  • Estimated Retail Price: $49.95

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