Woolen knitted products are highly demanded. The business idea is aimed at establishing a woolen kitting project with a capital investment cost of US$ 18,834 , producing an average of 60 woolen knitwear products per day totaling to US$ 18,720 pieces fetching a revenue of US$ 121,680 when sold in the first year of operation. The operating costs are US$ 104,342.
Production Capacity, Technology & Process
The production process involves winding yarn and then knitted in different fashions as the operator desires. The product is combined together by a sewing machine and then packed.
The production capacity largely depends on the nature of the machines used, the efficiency and experience of the workers, and the desired objectives of the project.
Capital Requirements and Equipment
Capital Investment Requirements in US $
|Capital investment item||units||Qty||@||Total|
Production and Operating Costs in US$ Direct Materials, Supplies and Costs
|Cost Item||Units||@||Qty/ day||Pdn cost/ day||Pdn cost/ mth||Pdn cost/ yr|
|Rolls of yarn||Rolls||0.75||254||190.5||4,953||59,436|
|Rolls of threads||Rolls||0.5||35||17.5||455||5,460|
|Selling and distribution||187||2,240|
|Total Operating Costs||8,684||104,342|
Project Product Costs and Price Structure
|Item||Qty/ day||Qty/yr||@||Pdn cost/ yr||UPx||T/rev|
Profitability Analysis Table
|Profitability Item||Per Day||Per Month||Per Year|
|Less: Pdn &Operating Costs||334||8,695||104,342|