An overview of costing chapters(2).pptx

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1. An overview of costing Presented By: Anusha S

2. INTRODUCTION OF R K APPARELS R.K APPARELS is a readymade garment industry which has been functioning very successfully Their vision is to produce top quality products to meet their customer needs and demands They mainly understand the requirement of moving with constantly changing fashion trends and can therefore adopt to the needs of clients

3. Let us see what is the meaning of costing Costing involves analyzing the expenditure incurred in manufacturing an item or rendering a service When costing is undertaken in any company or industry some procedure has to be followed by them Why costing is required for apparels It helps in estimating the expenses involved in the production of a clothing item. Costing helps the apparel to manage the production efficiently

4. Objectives of costing Ascertainment of cost Cost control Decision making Reduce expenses

5. Methods and process

6. Summary Overall costing is the backbone of any manufacturing business, and garment industry is no exception. It involves a detailed examination of all expenses incurred in producing clothing items. Every garments or apparels need to take costing procedure to know the expenses incurred to them in producing clothing items

7. Findings Employees of all departments is very helpful R.K Apparels arranges different training for employees with very safety environment It provides profit revenue bonus to the permanent employee around 3% annually

8. Problems found More style changes empty machines Some employees have less skilled

9. First, I would like to thank MR. NAGARAJU Proprietor of RK APPARELS for giving me the opportunity to do an internship within the organization I would like to express my special thanks of gratitude to our faculty coordinator Mrs. ANUSHA H R as well as our principal MR. BETTASWAMMY who gave me the golden opportunity to do internship which helped me in learning lot of new things It is a great opportunity and pleasure for me to express my profound gratitude towards all the individual who directly and indirectly contributed towards completion of this report

10. THANK YOU