What is the proportion of material cost to total production cost for rattan dining chairs?
The total cost of rattan dining chairs production includes raw materials, labor, and manufacturing overhead. The material cost is the main variable and traceable costs of a product. It varies from the production volume. The greater the proportion of material cost in total production cost, the more reliable is the cost estimate of the product, which will greatly help with the product pricing. The experienced manufacturer has well-developed production cost management system to wisely allocate their budget to raw materials, labor, and others, ensuring the reasonably or even competitively priced product.
Modern Century uses the most advanced technology to manufacture rattan dining chairs. Modern Century's rattan dining chairs is various in types and styles to meet the different needs of customers. This product features the desired versatility. During the production stage, each individual part is manufactured to meet the motion of walking. It can be provided in various sizes and color depending on the customer’s requirements.
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