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Traditional Apparel Costing

Andrea Kennedy

,

Andrea Kennedy is founder of Fashiondex.com and an Assistant Professor of Fashion Merchandising at LIM College. As a designer, she has worked with many labels, including Bob Mackie, Sunny Leigh, Calvin Klein, and Ann Taylor. Author affiliation details are correct at time of print publication.

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Andrea Reyes

Andrea Reyes is an Adjunct Professor at LIM College, The Fashion Institute of Technology, Baruch College, USA. She is also the Chair of the NYC Fair Trade Coalition a network of ethical business owners and advocates as well as co-founder of A. Bernadette, a sustainable lifestyle brand which hosts educational sustainable travel retreats Author affiliation details are correct at time of print publication.

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Francesco Venezia

Francesco Venezia is an Adjunct Professor at The Fashion Institute of Technology, Baruch College of Continuing and Professional Studies and LIM College in New York City. He has worked in the fashion industry merchandising at Ralph Lauren, Calvin Klein Author affiliation details are correct at time of print publication.

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Apparel Costing

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction Costing garments is a function performed by many fashion professionals and at various times throughout the development of a style. More than just calculating what a garment will cost, costing assists in fine-tuning a style...

Product cost – job costing

Nathalie Evans

,

Nathalie Evans is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

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Michael Jeffrey

Michael Jeffrey is a retired academic formerly of Manchester Metropolitan University. Author affiliation details are correct at time of print publication.

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Susan Craig

Susan Craig is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

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Costing for the Fashion Industry

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction This chapter seeks to explain the costing for individual jobs of work passing through the factory. It is based around the elements of cost and introduces the concept of overhead absorption into costing. By the end...

The elements of cost

Nathalie Evans

,

Nathalie Evans is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

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Michael Jeffrey

Michael Jeffrey is a retired academic formerly of Manchester Metropolitan University. Author affiliation details are correct at time of print publication.

Search for publications
and

Susan Craig

Susan Craig is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

Search for publications

Costing for the Fashion Industry

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction This chapter seeks to explain the elements of cost as a means of classifying cost that can be used in cost accounting. At the end of the chapter, the student should be able to identify the main elements of cost and relate...

The Factors of Costing

Andrea Kennedy

,

Andrea Kennedy is founder of Fashiondex.com and an Assistant Professor of Fashion Merchandising at LIM College. As a designer, she has worked with many labels, including Bob Mackie, Sunny Leigh, Calvin Klein, and Ann Taylor. Author affiliation details are correct at time of print publication.

Search for publications

Andrea Reyes

Andrea Reyes is an Adjunct Professor at LIM College, The Fashion Institute of Technology, Baruch College, USA. She is also the Chair of the NYC Fair Trade Coalition a network of ethical business owners and advocates as well as co-founder of A. Bernadette, a sustainable lifestyle brand which hosts educational sustainable travel retreats Author affiliation details are correct at time of print publication.

Search for publications
and

Francesco Venezia

Francesco Venezia is an Adjunct Professor at The Fashion Institute of Technology, Baruch College of Continuing and Professional Studies and LIM College in New York City. He has worked in the fashion industry merchandising at Ralph Lauren, Calvin Klein Author affiliation details are correct at time of print publication.

Search for publications

Apparel Costing

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction To arrive at the cost of a style, the following are considered: fabric, trims, notions, labor, shipping, agent commission, duties, and customs clearance. These components are all found on a cost sheet. However, those elements...

The Retail Method of Inventory

Bette K. Tepper

Bette K. Tepper is a former faculty member of the Fashion Management Department at the Fashion Institute of Technology (FIT), US. Author affiliation details are correct at time of print publication.

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Marla Greene

Marla Greene is Clinical Associate Professor of Fashion Merchandising at LIM College, NYC, US. Author affiliation details are correct at time of print publication.

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Mathematics for Retail Buying

Fairchild Books, 2020

Book chapter

...“What’s measured improves.”Gain knowledge and understanding of the retail method of inventory.Differentiate between physical inventory and book inventory.Identify and describe information and procedures necessary to implement the retail...

Activity-based costing

Nathalie Evans

,

Nathalie Evans is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

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Michael Jeffrey

Michael Jeffrey is a retired academic formerly of Manchester Metropolitan University. Author affiliation details are correct at time of print publication.

Search for publications
and

Susan Craig

Susan Craig is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

Search for publications

Costing for the Fashion Industry

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction This chapter considers the system of costing devised by Kaplan and Cooper to address the issues of product costing in situations where there have been changes in the nature of costs. Although this system of costing...

Marginal costing

Nathalie Evans

,

Nathalie Evans is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

Search for publications

Michael Jeffrey

Michael Jeffrey is a retired academic formerly of Manchester Metropolitan University. Author affiliation details are correct at time of print publication.

Search for publications
and

Susan Craig

Susan Craig is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

Search for publications

Costing for the Fashion Industry

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction At the beginning of Chapter 6, it was noted that there are a number of ways in which costs can be classified. It was also noted that one way to consider costs is based on their behaviour. If the costs of a manufacturing...

Risk management

Nathalie Evans

,

Nathalie Evans is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

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Michael Jeffrey

Michael Jeffrey is a retired academic formerly of Manchester Metropolitan University. Author affiliation details are correct at time of print publication.

Search for publications
and

Susan Craig

Susan Craig is a Senior Lecturer in Fashion Business at Manchester Metropolitan University, UK. Author affiliation details are correct at time of print publication.

Search for publications

Costing for the Fashion Industry

Bloomsbury Visual Arts, 2020

Book chapter

...Introduction Risk, something that threatens, harm or damage, is an inherent part of business, regardless of the industry type involved. It comes in different forms and with different levels of seriousness and each industry will have some...

Merchandising for a Profit

Bette K. Tepper

Bette K. Tepper is a former faculty member of the Fashion Management Department at the Fashion Institute of Technology (FIT), US. Author affiliation details are correct at time of print publication.

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and

Marla Greene

Marla Greene is Clinical Associate Professor of Fashion Merchandising at LIM College, NYC, US. Author affiliation details are correct at time of print publication.

Search for publications

Mathematics for Retail Buying

Fairchild Books, 2020

Book chapter

...“The entrepreneur always searches for change, responds to it, and sees it as an opportunity.”Recognize the importance of profit calculations in merchandising decisions.Identify components of a profit and loss statement, including...

Activity-Based and Product Development Costing

Andrea Kennedy

,

Andrea Kennedy is founder of Fashiondex.com and an Assistant Professor of Fashion Merchandising at LIM College. As a designer, she has worked with many labels, including Bob Mackie, Sunny Leigh, Calvin Klein, and Ann Taylor. Author affiliation details are correct at time of print publication.

Search for publications

Andrea Reyes

Andrea Reyes is an Adjunct Professor at LIM College, The Fashion Institute of Technology, Baruch College, USA. She is also the Chair of the NYC Fair Trade Coalition a network of ethical business owners and advocates as well as co-founder of A. Bernadette, a sustainable lifestyle brand which hosts educational sustainable travel retreats Author affiliation details are correct at time of print publication.

Search for publications
and

Francesco Venezia

Francesco Venezia is an Adjunct Professor at The Fashion Institute of Technology, Baruch College of Continuing and Professional Studies and LIM College in New York City. He has worked in the fashion industry merchandising at Ralph Lauren, Calvin Klein Author affiliation details are correct at time of print publication.

Search for publications

Apparel Costing

Bloomsbury Visual Arts, 2020

Book chapter

...Activity-Based Costing Activity-Based Costing (ABC), is a costing method that assigns a monetary value to each and every production activity and overhead expense. It differs from simply calculating your overhead expense as a percentage...