The calculator must not forget the cost of entering the first warp in a harness, also the reeding.
Most mills figure the cost of harness and reed in the expense accounts. If plain and fancy goods are made an extra percentage should be figured for the latter.
EXPENSES are figured differently, as almost every manufacturer has his own system. If a mill makes only a few staple articles it is easy to put down the cost of expenses. Say the mill has a production of 500,000 yards per year, that the expense amounts to $35,000, the cost then is 7 cents per yard.
Manufacturers making all kinds of goods sometimes figure the expenses in percentage, say, for plain goods, with a few picks, like gros-grain, peau de soie, etc., 10 per cent. per yard. Taffeta, satin, etc., having more picks, 12½ per cent. per yard, and fancy and jacquard goods, 15 per cent. per yard. In the expense account we include all charges except raw silk, throwing, dyeing and piece work.
SELLING EXPENSES. Before a calculation is finished we must add the selling expenses to the cost, also take account of the trade discount. Small mills usually sell through a commission house, which pays all expenses and charges a certain commission. Many large firms have their own selling end, and some have their sales guaranteed by a commission house or a bank.
CALCULATIONS
The prices marked in the following calculations are about as in "normal times." Absolutely correct piece work prices cannot be given as different localities have different prices.
Calculations are usually made per 100 yards, 100-meter warps.