Manager Garments Department Question:

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Explain me what do you mean by CM (Cost of making) order?

Manager Garments Department Interview Question
Manager Garments Department Interview Question

Answer:

In this case, the buyer fixes the rate of CM only with the factory. So the seller does not add the price of fabric and trimmings with his costing, but at L/C buyer gives all money to the factory. The factory collects only CM money from the bank. Balance money return to the fabric and accessories supplier.

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