TY4001 Textile Costing and Process Optimization Syllabus:
TY4001 Textile Costing and Process Optimization Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVES:
To enable the students to know about the
Textile Costing in manufacturing
Cost control and reduction
UNIT I FUNDAMENTALS OF COSTING
Cost concept; Classification of cost, elements of cost.; Methods of costing; Unit and operating costing, preparation of cost sheet; Estimation of cost of production and component of total cost. Profit planning, job order, batch process, conversion cost. Inventory costing
UNIT II COSTING IN SPINNING INDUSTRY
Elements of cost – Ascertainment of Clean Cotton Cost – Cost Statements Quantity and value of total cotton/ Man-made fiber issued input, wastage and output in each processing cost center up to yarn stage- Net Mixing Cost- Waste multipliers for each cost center mixing wise Cost Centre wise conversion cost, Selling price of various wastes. Power cost estimation, Yarn realization statement, Decision making using Contribution per frame shift among various counts of yarn production.
UNIT III COSTING IN WEAVING INDUSTRY
Elements of cost Calculation of Yarn requirements for weaving –computation of value loss and net realization, Cost Statements– Cost centre wise conversion cost from winding to weaving, Sort wise cost of production of Grey Cloth sort wise stock accounting of Grey cloth, Cost of Sizing material, Cost of sales of cloth sold in grey stage and sales realization
UNIT IV COSTING IN KNITTING AND GARMENT INDUSTRY
Elements of cost –Calculation of garment weight of different sizes, Dia-determination, Setting the knitting program, Dyeing program, Consumption of fabric per garment. Estimating of cost of process loss in Compacting, Bleaching, Raising, Shearing, Printing and Dyeing. Estimating the Knitting rates, Calculation of CMT charges. Cost sheet with Profit margins and foreign quotes.
UNIT V COST CONTROL AND COST REDUCTION
Introduction, Process of Cost Control and Cost Reduction, Cost Reduction Programme and its implementation, Methods and Techniques-Value analysis and Value Engineering, Just -In-Time (JIT), Activity Based Costing(ABC).
TOTAL : 45 PERIODS
COURSE OUTCOMES:
Upon Completion of This Course, the student shall have knowledge on
CO1: Fundamentals of Costing
CO2: Costing in spinning industry
CO3: Costing in Weaving industry
CO4: Costing in Knitting and Garment Industry
CO5: Cost control and reduction
REFERENCES:
1. Cost control and costing in spinning mills–SITRA,Edition1992.
2. Cost control and accounting for Textile industry–TAIRO,Edition1990.
3. Kalyanaraman.A.R. “Energy Conservation in Textile Industries”,SITRA,1985.
4. V.Dudeja “Textile Industry Management” (ATIRA),1985.
5. Modern production Technologies edited by M.L.Gulrajani, The Textile Association (India) Publications,1983
6. Bhave P V and Srinivasan V, ”Cost accounting in textile mills”, ATIRA monograph, Ahmedabad, India, 1974
7. Varma H K, ”Costing in Textile Industry”, Dhanpat Rai publications, New Delhi, 1965
8. Shinn William, ”Elements of Textile Costing” School of Textiles, North Corolina state,1965
9. Jain IC,”Cost accounting-An introduction”, Prentice hall, NewDelhi, 2001
10. Ratnam T V,”Cost control and costing in spinning mills”, Seshan printers, Coimbatore, India, 1992
11. Nathalie Evans, “Costing for the Fashion Industry” Bloomsbury Publishing, 2011