Introduction |
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viii | |
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1 Small and medium-sized (SMEs) clothing businesses |
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1 | (9) |
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1 | (1) |
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1 | (1) |
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2 | (2) |
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Processes, products and services |
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4 | (1) |
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5 | (5) |
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10 | (17) |
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10 | (1) |
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11 | (2) |
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Financial risk management |
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13 | (1) |
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Developing a risk management plan |
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14 | (1) |
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Specific risks affecting the fashion industry |
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15 | (2) |
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17 | (2) |
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Key performance indicators |
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19 | (4) |
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23 | (4) |
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3 Global awareness and new markets |
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27 | (12) |
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27 | (1) |
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27 | (1) |
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Barriers and facilitators in market-entry strategies |
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28 | (1) |
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29 | (1) |
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30 | (4) |
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34 | (1) |
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35 | (3) |
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38 | (1) |
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4 Product cost when sourcing |
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39 | (8) |
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39 | (1) |
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39 | (1) |
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40 | (1) |
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41 | (1) |
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41 | (2) |
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43 | (4) |
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5 The nature of clothing manufacture and the need for costing |
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47 | (7) |
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47 | (1) |
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What is clothing manufacture? |
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47 | (1) |
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48 | (1) |
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49 | (1) |
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49 | (2) |
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From manufacturing to sourcing |
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51 | (1) |
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52 | (2) |
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54 | (15) |
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54 | (1) |
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54 | (1) |
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55 | (6) |
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Indirect costs - the overheads |
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61 | (3) |
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64 | (5) |
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7 Costing over periods of time |
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69 | (16) |
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69 | (1) |
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69 | (1) |
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70 | (1) |
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Depreciation - the straight-line method |
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71 | (1) |
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72 | (3) |
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75 | (2) |
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Value of the work-in-progress |
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77 | (1) |
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78 | (4) |
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82 | (3) |
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8 Product cost-job costing |
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85 | (17) |
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85 | (1) |
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85 | (1) |
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Treatment of the direct costs |
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86 | (2) |
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Treatment of the overheads |
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88 | (1) |
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Absorption of production overheads |
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88 | (3) |
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91 | (1) |
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Absorption of non-production overheads |
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92 | (1) |
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93 | (1) |
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Over-/underabsorption of overheads |
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94 | (2) |
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96 | (1) |
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97 | (5) |
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102 | (12) |
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102 | (1) |
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102 | (1) |
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103 | (1) |
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104 | (1) |
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104 | (3) |
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Treatment of the semi-variable costs |
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107 | (2) |
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109 | (2) |
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111 | (3) |
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114 | (11) |
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114 | (1) |
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Establishing the break-even point |
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114 | (1) |
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115 | (2) |
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117 | (1) |
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118 | (1) |
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119 | (1) |
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Break-even point by calculation |
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120 | (1) |
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121 | (2) |
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123 | (2) |
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11 Budgeting and standard costing |
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125 | (25) |
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125 | (1) |
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125 | (1) |
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126 | (3) |
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129 | (1) |
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130 | (1) |
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Zero-based budgeting (ZBB) |
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131 | (1) |
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132 | (1) |
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132 | (2) |
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134 | (2) |
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Causes of direct materials variances |
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136 | (1) |
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137 | (3) |
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Causes of direct labour variances |
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140 | (1) |
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Overhead in standard costing |
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141 | (1) |
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Advantages and disadvantages of standard costing |
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142 | (1) |
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143 | (7) |
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12 The changing nature of cost |
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150 | (8) |
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150 | (1) |
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From traditional to advanced manufacturing technology |
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151 | (1) |
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152 | (1) |
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Component manufacture and assembly |
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152 | (1) |
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Summary of changes in costs with the move into advanced technology |
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153 | (2) |
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155 | (1) |
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156 | (1) |
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156 | (1) |
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157 | (1) |
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13 Activity-based costing |
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158 | (12) |
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158 | (1) |
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158 | (6) |
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Advantages and disadvantages of ABC |
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164 | (1) |
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165 | (1) |
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166 | (4) |
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14 Capital investment decisions |
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170 | (18) |
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170 | (1) |
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171 | (1) |
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Accounting rate of return (ARR) |
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171 | (1) |
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172 | (2) |
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174 | (1) |
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Discounted cash flow (DCF) |
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175 | (2) |
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Discounted payback period |
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177 | (4) |
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181 | (1) |
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181 | (7) |
Bibliography |
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188 | (2) |
Answers to exercises |
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190 | (36) |
Acknowledgement |
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226 | (1) |
Index |
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227 | |