Page 104 - CTS - Dress Making - TP - Volume - 1
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DRESS MAKING - CITS
8 Evaluate Cost Efficiency: Compare the total production cost against the expected or budgeted cost. Analyze
any significant discrepancies and identify areas where costs can be reduced or optimized.
9 Document Assumptions and Calculations: Document any assumptions made during the cost calculation
process and provide a breakdown of how each cost component was determined.
10 Review and Approval: Have the cost sheet reviewed by relevant stakeholders such as management or
finance personnel. Obtain approval once the cost sheet is deemed accurate and complete.
11 Periodic Review: Regularly review and update the cost sheet to reflect changes in production processes,
material costs, labor rates, or overhead expenses.
By following these steps, you can prepare a comprehensive cost sheet that aligns with specifications and allows
for effective cost management and control. the cost structure of the product.
EXERCISE 33 : Prepare Cost Sheet
Refer Exercise - 32
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CITS : Apparel - Dress Making - Exercise 32
