= 10 per cent. deduction
13·3186878
= net price.
In making the additions and deductions it is important that they should be made in the above order.
The Cost of a Piece of Cloth.—Besides the cost of material and the weaving wage, the expenses of the manufacturer must be taken into account. When a manufacturer makes only one kind of cloth, his expenses will obviously not be so proportionately great as another manufacturer’s who only takes a single order of a particular make. The expenses also vary with the district and distance from the market, and with other circumstances.
A manufacturer knows from experience exactly what amount of expenses to allow in different classes of fabrics in his own case, and in quoting prices for plain or fancy cloths he usually includes under the term “expenses” all the items of cost from the carriage of the yarn to the delivery of the cloth, including winding, warping, sizing, waste, and other fixed expenses in the mill.
The expenses are usually calculated in proportion to the weaving wage, and a manufacturer quotes “double weaving” or “three times weaving,” according to the class of fabric in question.
The following example will illustrate the principle of estimating the cost of a piece.
Find the cost of a piece, 34 inches full, 75 yards s.s. (short stick), 19 × 18, 32’s/40’s. Twist at 7d. per lb., weft at 7½d. per lb.