Prime Costs and Conversion Costs in Manufacturing

When you talk to manufacturers, they frequently use a term called ‘conversion costs’ and a few of them also use the term ‘Prime Costs’ (especially used by Chinese vendors). A typical manufacturer would look at charging you as below: So, you could guess: Conversion Cost is the total cost that is borne by the manufacturer …

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Living Room Sofa – Sample breakdown costing of a six seater and a three seater sofa in India

Below are all the various components that go into a sofa. This gives a better idea of the break-down of the costing when you're in the market to buy one next time, helping you understand your purchase and the cost in a better way. The below costing is an example in Indian Rupees for a …

Continue reading Living Room Sofa – Sample breakdown costing of a six seater and a three seater sofa in India