Costs and returns analysis of Thai Puan Mudmee fabric Ban Mi District, Lopburi Province : Case Study in Ban Phuan Women’ Volunteer Group

Abstract

The purposes of this research were 1) to study the cost of Thai Puan Mudmee Fabric, Ban Mi District, Lop Buri Province: a case study of Ban Puan Women Volunteer Group, and 2) to analyze the cost of Thai Puan Mudmee Fabric, Ban Mi District, Lop Buri Province: A case study of Ban Puan Women's Volunteer Group. The population was 60 Ban Phuan women's volunteer group members randomly selected from 13 Ban Phuan women's volunteer group members by purposive sampling. As for the tool, the research used an interview form. As for the methods, non-participant observation was conducted to obtain the manufacturing process, while in-depth interviews and focus group discussions were conducted to attain cost and sales revenue. The content analysis was applied to find the gross profit margin ratio, then calculated the net profit margin ratio.

The research found that the pattern of the fabric was 2 takors, 1 meter wide and 2 meters long. There were both plain and patterned fabrics. The cost of Mudmee fabric comprised of raw materials per piece of plain fabric was 125.00 baht. The traditional pattern fabric and Chao Fah Sirivannavari pattern fabric cost 112.50 baht. Second, the labor cost per piece of plain fabric was 150.00 baht, the traditional pattern fabric was 238.00 baht, and Chao Fah Sirivannavari pattern fabric was 288.00 baht. Third, the manufacturing overhead per piece of plain fabric was 30.00 baht. The traditional pattern fabric cost 78.02 baht. Chao Fah Sirivannavari pattern fabric cost 63.02 baht. In total, the production cost per piece of plain fabric was 305.00 baht, traditional pattern fabric was 428.52 baht, and the Chao Fah Sirivannavari pattern fabric was 463. 52 baht. There was 20 baht administrative and selling expenses per piece added to all types of fabric.

Finding of Mudmee fabric returns resulted as follows, the sale price per piece of plain fabric was 500.00 baht, while the sale prices per piece of traditional pattern fabric and Chao Fah Sirivannavari pattern fabric were the same which cost 800.00 baht. The grosses profit per piece of plain, traditional pattern and Chao Fah Sirivannavari pattern were 195.00 baht, 371.48 baht and 336.48 baht respectively. Following by the net profits per piece of plain fabric, traditional pattern fabric and Chao Fah Sirivannavari pattern fabric were 175.00 baht, 351.48 baht, and 316.48 baht. After calculation of gross profit margin ratio showed 39.00% for plain fabric, 46.44% for traditional pattern fabric, and 42.06% for Chao Fah Sirivannavari pattern fabric. Lastly, the net profit margin ratio of plain fabric was 35.00%, traditional pattern fabric was 43.94% and Chao Fah Sirivannavari pattern fabric was 39.56%.