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product costing

Garment Costing

Costing is a very complex procedure, with set patterns and guidelines followed by the industry, and it is difficult to find out costs for every process there are some inbuilt costs while costing.Garment costing includes all the activities like purchase of raw materials and accessories, knitting fabrics, processing and finishing of fabrics, sewing, and packing of garments, transport, and conveyance, shipping, overheads, banking charges and commissions, etc.