Cost Analysis In Garment Industry
Cost analysis in garment Manufacturing, as the topic implies, deals with the work of costing a garment which involves the expenses for fabric, trims, cuttings, labor, overhead, sales commission, manufacturer’s profit & transportation. The production cost of the garment must be determined in order to set the wholesale price, the price that retailers’ pay for goods that they purchase from manufacturers.There are two types of costing. The first one is pre cost. Pre cost is the estimate of the garment before it is adopted into the line.