Explain the nature of the business and the various costs associated with a clothing store. Classify all items in the direct and indirect category with the number of employees or labor for production and other departments.

B. Show the breakdown of all expenses under each category, materials, labor and overheads (maximum of 5 and minimum of 3)

c. Recall opening and closing (raw materials, semi-finished goods and ... finished goods)

2. Prepare and calculate cost sheet using information from Part A and calculate the profit.