If you read the article it has also taken in to account amortisation.
A lot of people that dont understand business, only count the time of labour and the value of material as a cost.
The machine takes up capital at a cost, takes up space at a cost, requires maintenance at a cost and so on.
" The computation of machine cost per year was estimated through cost of
depreciation of machine per year. The maintenance cost per year was added with the 10% of the total cost of the machine.
For the machine the depreciation cost was assumed for 5 years."