The company taken for this project is a Garment Company named Rider Exports. Rider exports is a joint venture having the vision of bringing the company to gain new heights and carve a name in the industry with their efforts and team of professional managers and staff. Rider Exports deals with the manufacturing of clothes for Adidas, Reebok, Allen Solly, US Polo, Arrow to name a few. This company is fully equipped with all modernized and sophisticated machinery to undertake all the process …show more content…
We have all the facilities under one roof from fabric knitting, printing and manufacturing of finish garments till packing. We have the capacity to undertake any bulk production of garments in any shortest delivery period. We would like to explore further markets/ customers to boost our exports.
Being a quality driven company, we lay massive emphasis on the quality of our garments. Our garments are noted for their quality workmanship. We ensure that the fabric is of the finest quality. A lot of emphasis is laid on the designs, color and strength of garments. Style is as important as quality is significant. All our products are subject to in-house scrutiny for multiple times. The scrutiny begins from the receiving of raw materials. The raw materials procured from outside are checked thoroughly by the experts to determine the parity between their quality standards and ours. Our quality control begins at the very initial stage of designing. We are extremely particular regarding our quality and ensure it at every stage. Our design team ensures that each product is of high quality and in accordance with the customer …show more content…
Each product is subjected to strict quality control measures to ensure that only the best in terms of quality and design reaches the market. In order to carry out all these activities, the company incurs various expenses stated under the head overhead expenses.
Overhead expense refers to an ongoing expense of operating a business. Overhead expense in a Riders Export involves expenses for fabrics, cuttings, trims, utilities, etc. Overhead expenses are all costs on the income statement except for direct labour, direct materials, and direct expenses. Overhead expenses also include accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures.
Expenses are categorized in two ways: fixed expenses and variable expenses. Fixed expenses or costs are those that do not fluctuate with changes in production level or sales volume. Fixed Expenses of Riders Export include rent, insurance, amortisation, dues and subscriptions, equipment leases, payments on loans, depreciation, management salaries, and Variable expenses are those that respond directly and proportionately to changes in activity level or volume, such as raw materials, hourly production wages, sales commissions, inventory, packaging supplies, and shipping