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Published in:

Volume 8 Issue 3
March-2021
eISSN: 2349-5162

Unique Identifier

JETIR2103023

Page Number

170-176

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Title

COST MANAGEMENT: PROJECTIONS OF COSTING IN GARMENT INDUSTRY.

ISSN

2349-5162

Cite This Article

"COST MANAGEMENT: PROJECTIONS OF COSTING IN GARMENT INDUSTRY.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 3, page no.170-176, March-2021, Available :http://www.jetir.org/papers/JETIR2103023.pdf

Abstract

Cost management plays a vital role in the garment industry. It is applied in each and every order from buyers, at the time of preparing in the costing by the company. Hence it will be used the working in every stages based on the cost statement. The cost statement includes; the elements of cost in material, labor, and overheads. The costing preparation of the company is initialized in the purpose of reducing the cost, estimating the cost planning, and earning more profit. Minimization of cost and maximization of profit is the main objective of applied costing.

Key Words

Cost Statement, Material, Labour, Overheads, Garment cost,Target cost,Profit.

Cite This Article

"COST MANAGEMENT: PROJECTIONS OF COSTING IN GARMENT INDUSTRY.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 3, page no. pp170-176, March-2021, Available at : http://www.jetir.org/papers/JETIR2103023.pdf

Publication Details

Published Paper ID: JETIR2103023
Registration ID: 306521
Published In: Volume 8 | Issue 3 | Year March-2021
DOI (Digital Object Identifier):
Page No: 170-176
ISSN Number: 2349-5162

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Cite This Article

"COST MANAGEMENT: PROJECTIONS OF COSTING IN GARMENT INDUSTRY.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 3, page no. pp170-176, March-2021, Available at : http://www.jetir.org/papers/JETIR2103023.pdf




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