Question
CASE 2 Oman Clothing - A Case study: Oman Ceramics LLC wish to start a business in readymade garments with the name Oman Clothing, as
CASE 2 Oman Clothing - A Case study: Oman Ceramics LLC wish to start a business in readymade garments with the name Oman Clothing, as a new comer in small manufacturing firm of formal and casual wears. The product range of the business includes shirts, trousers, abhaya, jeans, etc As the company is newly entering in to the clothing business, the burden is on top level managers of deciding the production cost analysis, fixation of selling price etc. Based on the case below: as a cost accounting manager of Oman clothing, you are required to answer the following concerns that help the top level managers in 100 to 150 words each (for answering follow the business brief writing guidelines attached at the end of the assignment):
a. How can you ascertain the cost of production of the garments produced?
b. What factors will you consider in fixing the selling price of the products?
c. How will you be able to control cost during the competitive market conditions that may prevail in future?
d. Following of Business brief writing guidelines. 1. The phrases not to be used by the student in the assignment are: I think I feel I believe My opinion is. 2. The phrases that must be used by the student in the assignment are: The analysis indicates Study demonstrates The data reveals Forecast specifies.
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