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    Sample Cost

    Uploaded by

    nath81
    The document provides costing information for manufacturing a seal component. It estimates the total cost to be approximately 6 lakhs Indian rupees. It also provides hourly machine rates calculated based on machine cost, replacement cost, electricity cost, labor cost, and overhead expenses. The hourly rate is estimated to be 1291 Indian rupees per hour. Welding rod requirements and costs are also estimated based on plate thickness and length of weld. The total cost per meter of welding for a 10mm thick plate is estimated to be around 150 Indian rupees.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Sample Cost

    Uploaded by

    nath81
    98 views6 pages
    The document provides costing information for manufacturing a seal component. It estimates the total cost to be approximately 6 lakhs Indian rupees. It also provides hourly machine rates calculated based on machine cost, replacement cost, electricity cost, labor cost, and overhead expenses. The hourly rate is estimated to be 1291 Indian rupees per hour. Welding rod requirements and costs are also estimated based on plate thickness and length of weld. The total cost per meter of welding for a 10mm thick plate is estimated to be around 150 Indian rupees.

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    sample-cost-.xlsx

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    The document provides costing information for manufacturing a seal component. It estimates the total cost to be approximately 6 lakhs Indian rupees. It also provides hourly machine rates calculated based on machine cost, replacement cost, electricity cost, labor cost, and overhead expenses. The hourly rate is estimated to be 1291 Indian rupees per hour. Welding rod requirements and costs are also estimated based on plate thickness and length of weld. The total cost per meter of welding for a 10mm thick plate is estimated to be around 150 Indian rupees.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    98 views6 pages

    Sample Cost

    Uploaded by

    nath81
    The document provides costing information for manufacturing a seal component. It estimates the total cost to be approximately 6 lakhs Indian rupees. It also provides hourly machine rates calculated based on machine cost, replacement cost, electricity cost, labor cost, and overhead expenses. The hourly rate is estimated to be 1291 Indian rupees per hour. Welding rod requirements and costs are also estimated based on plate thickness and length of weld. The total cost per meter of welding for a 10mm thick plate is estimated to be around 150 Indian rupees.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    Seal

    Weight of Finished Component 0 kg


    Weight of Raw Material 0 kg 500 Kg extra raw material

    Material Neoprene Rate 200000


    Die ms Rate 200000
    Heat Treatment Rate 0

    Direct cost

    Raw Material Cost 0


    Fabrication
    Cost/Hr No. of Total cost
    Hours
    Cutting of Plates 0 0 0
    Dish Forming 0 0 0
    Welding of Plates 0 0 0
    DP Test, Welding Inspection etc. 50000
    Flange fabrication, Rolling 0 0 0
    Flange fabrication, Welding 0 0 0
    Flange and Dish Welding 0 0 0
    Machining 0 0 0

    Total 50000

    Cost of Heat Treatment 0 R x 0.2 x wt (heat treatment part are less)


    Jigs & Fixtures Mat. Cost 0 2 times wt of comp. assumed
    Jigs & Fixtures Fab. Cost 0 80 0
    Inspection 5000 10 % fab. + machinning
    Sub-Total 455000
    Prime Cost 455000

    Indirect Expenses

    Administrative cost 4550 1 % of Prime cost


    Site Support 0 1 % of Prime cost
    Warrenty 45500 10% of prime cost per year
    Insurance 13650 3 % of Prime Cost
    63700
    Indirect Expenses 63700

    Manufacturing Cost (direct + Indirect Exp.) 518700


    Profit (10 %) 51870

    Total Cost 570570


    6 Lakhs
    COST PER HOUR FOR LATHE / DRILLING MACHINE

    Todays Cost of Machine 5000000 C


    % ge increase / year in cost of machine (6%) 0.06 p
    Expected Life of Machine, years 20 Ls
    Estimated cost of machine after life span ((p x Ls)+1)x C 11000000 Cn
    Provision for replacement required (Cn/20) per annum 550000 Ra
    Reduce depression 5 % p.a. (C x 0.05) 250000 d
    Net provision for replacement required (Ra-d) 300000 Ra
    Interest per annum % 18
    Interest per annum Rs. (C x 0.18) 900000 l
    Elec./Hr (5 kWh x 50 Rs/unit) 250
    Elec./Hr x 8 Hrs/day x 300 days = E per annum 600000 E
    Labour salary per year 240000
    Supervisor Salary per year 360000
    Labour + supervision (salary /pa + 5% of supervisor sal.) 258000 L
    Job Handling cost with Crane: 48 Hours 24000 24000
    Overheads (10 % of machine cost) 500000 O

    Total Cost (Add A to E) 2582000 Tc


    Add 20 % Profit 516400
    Total Cost per year 3098400 T

    Working Life Cycle, 8 Hrs/day x 300 d per year, Hrs/year 2400 h

    Rate / Hour (T/h), Rs./Hr 1291


    A

    E
    M.S. welding rod cost from internet 100 Rs./kg
    approx. cost indiamart
    S.S. welding rod cost from internet 300 Rs./kg

    Calculate volume of weld then wt of welding and then multiply wt of weld by welding rod wt.

    Length of welding in m

    Wt. of welding rod for 10 mm plate thk. = 1 kg/m x from internet

    thk of plate y

    for other thk. Of plates SQR(y/x) kg/m k

    Multiply above value by length of welding in meter, k.m kg of welding rod required

    Example

    Welding Deposit rate 5 kg/Hr from internet

    Time reqd. for welding 1 m 0.2 Hr

    Labour cost per hour 125 Rs/Hr assumed Rs. 20000 / month 160 hrs/m

    Labour cost for 1 m L welding 25 Rs. 1)

    Welding Rod cost per meter 100 Rs. 2)

    Cost of machine 25000 Rs.

    Provision reqd after 15 yrs 50000 Rs.

    Cost of machine to recover per year 3333

    cost of machine recover per hour 1.39 3) assuming 300 d x 8 hr use of machine

    Cost of electricity 10 Rs/unit x 10 kWh 100 Rs/hr

    Cost of elec. Per meter 20 Rs. 4)

    Total cost per meter for 10 mm thk. 146 Rs. Say 150 Rs./m
    ing rod required

    Rs. 20000 / month 160 hrs/mnth

    300 d x 8 hr use of machine

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