Question: 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
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):
Oman Clothing - A Case study: Oman Ceramics LLC wishes to start a business in readymade garments with the name Oman Clothing, as a newcomer in a small manufacturing firm of formal and casual wear. The product range of the business includes shirts, trousers, Abhay, jeans, etc. As the company is newly entering into the clothing business, the burden is on top-level managers of deciding the production cost analysis, fixation of the selling price, etc.
A. How will you be able to control cost during the competitive market conditions that may prevail in the future?
B. How can you ascertain the cost of production of the garments produced?
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