The Industrial Revolution In The World

The Industrial Revolution In The World

The Industrial Revolution began in Great Britain and spread to Western Europe and the United States within a few decades. It was the transition to new manufacturing processes in the period from about 1760 to sometimes between 1820 and 1840. The first industrial revolution evolved into the second industrial revolution in the transition years between 1840 and 1870.

Fashion Industrial

The industrial revolution and regulation to monitor new industries did not happen simultaneously. Employment generation for the increasing population was the main challenge of that time. People in large number came to the towns from the countryside for job as the rate of unemployment was getting high to higher in the first phases of the industrial revolution.  With the huge scarcity of employment, for the first generation of workers from the 1790s to the 1840s ,workers who were around 80% of total number of the people had very limited or no power to bargain with their new employers on wages, work hours or working conditions. Working conditions were very tough ,unbearable and tragic-10 to 14 working hours a day, six days a week, no safety hazards, no paid vacation or holidays, no financial compensation for any injury, and of course no time and opportunity for recreation. Rather the owners used to fine the workers who left of remained absent from their jobs to ensure uninterrupted work-flow in the factories.

Spot Remove Chemical Removing the Garment Spot

Spot Remove Chemical Removing the Garment Spot

Spot remove chemical removing the garment spot is a common process in RMG sectors for removing the Garment spot. When a garment product start his process in different process, some spot is involved in that process. The testing and inspection process by quality checking time, they are finding the spot as quality issue, For that reason, Spot lifter or spot remove chemical is most essential of garments sector.

Here, you will know about how to use different type of chemical to different way and purpose and spot.

Si No. Product NameWeightUOMRateUse & Instruction
1M. R. L250ml340To remove machine ink, oil spot or any normal spot. Rub using a brush using two to three drops. Used on any colored fabric.
2M. R. S250ml280Highly effective for lifting yellow spots. Apply two to three drops of M, R, S by the fingers of the hand and the yellow spot will go away. Rinse with clean water. Caution: Under no circumstances should M, R, S be used on colored fabrics.
3M-2250ml250Can be used for rust stains and any hard stains. Cannot be used on colored fabrics.
4B. T. S250ml330Pen ink, brick gum can be lifted, rub with a brush using two to three drops. The print spot can be picked up. Can be used on any colored fabric.
5Moon Spot Cream250ml320 
6M-১ &420ml420Functional for removing rust spots on any fabric and can be used on any colored fabric. When using M-1, if the cloth turns yellow, wash it with moon spot cream. If the yellow color does not go away using vanix cream then that cloth is no longer usable.
Spot Remove Chemical Removing

Product & Price List of Company GSR Chemical:

SL. NO.Name of ProductQuantityUnit Price
01.G.S.V Cream200 gm280.00
02.G.S.V cream Plus200 gm350.00
03.S.Rival250 ml280.00
04.S.Rival-2250 ml350.00
05.TSR250 ml180.00
06.TSR Plus250 ml550.00
07.R-1250 ml350.00
08.ISV250 ml250.00
09.R-11100 gm60.00
10.Zee Water1 Litre350.00
11.Zee Water Plus1 Litre420.00
12.Seagate1 Litre410.00
13.Seagate-21 Litre610.00
14.PSV250 ml350.00
15.PSV-2250 ml450.00
16.T.C Powder1 kg60.00
Spot Remove Chemical Price List

ITP (Income Tax Practitioner) Exam Question and Suggestion

Tax Deduct at Source Non-rasident

ITP (Income Tax Practitioner) Exam Question and Suggestion is most important to every student who are attained in ITP examination. Today I like to share with you about basic question of Accounting, Bangla & English of ITP examination. The Accounting, Bangla & English question are bellow-

Accounting- i)                   Definition of Accounting, ii)                 Describes the feature of gift, iii)              What is the transaction, iv)                What is the equation of accounting transaction, v)                 What is the double entry system, vi)               What are the procedure of double entry system, vii)            Describe the circle of Accounting, viii)          Describe the  modern procedure of debtors and creditors and also the equation, ix)               What is the meaning of journal, x)                  Definition of journal, xi)               What is the meaning of ledger and it’s definition, xii)             Difference between journal and ledger, xiii)          What is the definition of trail balance, xiv)           Why the trail balance is equal in both side, xv)             What is the meaning of contra entry with double entry, xvi)            What do you mean by final accounts, xvii)        What is the Authorized Capital and Paid up Capital, xviii)      Difference between Share and Stock


Bangla- i)   Bakka Songkochon/Akothai Prokas, ii)   Beporith Shobdha, iii) Ukti, iv)  Karok, v) Pad, vi)  Bachon, vii)  Beram Chinno, Joti Chinno, Chead Chinno, viii)   Sondhi, ix)  Somarthak Shobdha, x)  Latter, xi)   Application, xii)  Vabsomprosaron, xiii) Sarangsho, xiv)  Essay,

English- i)  English to Bengali, ii)   Bengali to English, iii)  Essay, iv)  Paragraph, v)  Letter/Application, vi)               Translation, vii)  Free Writing, viii)  Composition, ix) Grammar (Voice, Narration, Transformation of sentence, Degree)
I think so, the above topics are helpful for you, if you likes the suggestion please subscribe by chennal SaifSafe from Youtube

Target and Actual Job Costing Analysis of Garment Sectors

Target and Actual Job Costing Analysis

Target and Actual Job Costing Analysis of Garment Sectors is most important to make decision to known actual profit of organization. The job costing in garments sector or manufacturing company are used tow types of polices. One of them are details calculation as per below. Here i am express “Analysis of Target Profit oriented report” and “Actual Costing Report” to management for make decision to safe liquidity in the preparation process.

Target and Actual Job Costing Analysis of Garment Sectors:
Order Qty:10000Pcs
FOB $                                         5.00Pcs
FOB $                                    50,000
Materials 60%On FOB
FOH26.50%On FOB
SOH3.50%On FOB
Profit10%On FOB
Actual Cost:
Materials Cost $                                    30,000
FOH $                                    13,250
SOH $                                       1,750
Profit $                                       5,000
Standard Cost Sheet
Target Oriented ReportActual Report
Month Jan-18Month Jan-18
Sales2500Pcs $  12,500.00Sales 2500Pcs $    12,500.00
Less:
Materials Cost60.00% $    7,500.00Materials Cost60.00% $       7,500.00
FOH26.50% $    3,312.50FOH26.50% $       3,312.50
SOH3.50% $        437.50SOH3.50% $          437.50
Profit10.00% $    1,250.00Profit10.00% $       1,250.00
Month Feb-18Month Feb-18
Sales3000Pcs $  15,000.00Sales 3000Pcs $    15,000.00
Less:
Materials Cost60.00% $    9,000.00Materials Cost60.00% $       9,000.00
FOH26.50% $    3,975.00FOH26.50% $       3,975.00
SOH3.50% $        525.00SOH3.50% $          525.00
Profit10.00% $    1,500.00Profit10.00% $       1,500.00
Month Mar-18Month Mar-18
Sales4000Pcs $  20,000.00Sales 4000Pcs $    20,000.00
Less:
Materials Cost60.00% $  12,000.00Materials Cost60.00% $ 13,500.00
FOH26.50% $    5,300.00FOH26.50% $       5,962.50
SOH3.50% $        700.00SOH3.50% $          787.50
Profit10.00% $    2,000.00Profit10.00% $        (250.00)
Target Oriented ReportActual Report
FOB $  47,500.00FOB $    47,500.00
Materials60.00% $  28,500.00Materials63.16% $    30,000.00
FOH26.50% $  12,587.50FOH27.89% $    13,250.00
SOH3.50% $    1,662.50SOH3.68% $       1,750.00
Profit10.00% $    4,750.00Profit5.26% $       2,500.00
Actual Vs Target

Job Order Pre-Cost Sheet, Job Cost Sheet, PO Wise Cost Sheet, Style Wise Cost Sheet format

Pre-Cost Format, Work Order or Purchase Order format

Job Order Pre-Cost Sheet, Job Cost Sheet, PO Wise Cost Sheet and Style Wise Cost Sheet format is very important to extract a pre-cost format when an order given by Buyer. The garments industries management want to know how will get the profit on ongoing production on specific Style or Job or PO. A Cost Management Accountant is prepared the Job cost sheet and submit to the management. So, how to prepare the Job cost sheet for ongoing production. The below format is for your kind information. If your think that the below format is not understanding for you, you can also download the soft copy for your observation.

           
 A. Order Information:  B. Productivity:      
 BuyerXYZMan      72.00    
 Sales Contract/Master LC NoXYZ-978576Machine      56.00      
 Style ReferenceSaif CaféPdn/Hr    150.00     
 Job No******SM      18.30     
 SessionSummerEfficiency %63.54%     
 Order Qty(Pcs)10000 PcsFO/MH (B4 Interest)        1.38     
 FOB Value$67,400.00SO/FOB (B4 BD)3.50%     
 FOB/Pcs$6.74FO/Pcs            –       
 Maturity Days Negotiation CM/Dzn      15.00     
 Deffered Interest Rate 0%Pre Costing CM/Dzn            –       
            
 C.Direct Expenses Actual :          
 Item DescriptionSupplierGmts ColorGmts Order QtyCons/ Pc ActualWastage %UnitItem QtyRate/ Unit USD. Amount
 Fabrics         
 Fabric: 98% cotton 2% Elast- Twill********Solid10000 Pcs1.623%Yds16150.67 $            –    $                   –   
 T/C Piping******** 10000 Pcs0.353%Yds3510.00 $            –    $                   –   
 Interlining******** 10000 Pcs0.303% Yds 3050.00 $            –    $                   –   
           
 Accessories Actual :         
 Main label COXLAM0001********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Size label********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Label fit********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
  Care label ********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 COLOR WARNING ********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Hang-Tag Price********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Plastic seal********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 HANG-TAG FIT SLIM********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 HANG-TAG STRETCH********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 CAPO LAVATO********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Metal button********All10000 Pcs2.003%Pcs22000.00 $            –    $                   –   
 Crystal Rivet********All10000 Pcs2.003%Pcs22000.00 $            –    $                   –   
 Zipper********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 THREAD********All10000 Pcs1.003%Pcs11000.00 $            –    $                   –   
 Poly********All10000 Pcs1.003%Pcs10000.00 $            –    $                   –   
 Carton  ********All10000 Pcs1.003%Pcs10000.00 $            –    $                   –   
 Testing cost********All10000 Pcs1.003%Pcs10020.00 $            –    $                   –   
 Inspection Charge********All10000 Pcs1.003%Pcs10020.00 $            –    $                   –   
 Courier Cost & Others********All10000 Pcs1.003%Pcs10020.00 $            –    $                   –   
          $            –    $                   –   
 Embellishment :        $            –    $                   –   
 Printing:***********                       –  0 Pcs                –  0%Dzn  $            –    $                   –   
 Washing Dyeing***********                       –  1 Pcs                –  0%Dzn833.33 $            –    $                   –   
 Embroidery: Fancy Emb at Bk Pkts**************                       –  0 Pcs                –  0%Dzn  $            –    $                   –   
 Others Expenses:        $            –    $                   –   
 Commercial Cost 0.00      $            –    $                   –   
 Local Agent CommisionAsmara0.00    67400.00 $            –    $                   –   
   0.00      $            –    $                   –   
 Total Amount:  $                   –   
            
 D.Total Cost :   Area for Notes:     
 Sales Value$67,400.000.00% 1      
 Direct Expenses                                –  0.00% 2      
 Net CM Revenue                                –  0.00% 3      
 Factory Overhead                                –  0.00% 4      
 Selling Overhead                                –  0.00% 5      
 Deffered Interest                                –  0.00% 6      
 Nett Profit                                –  0.00%        
            
          
 Prepared By  Varified By    Approved By
            
Pre Cost Sheet Format

The garments industries of Bangladesh most of the garments orders are taken by buyer from abroad. The orders are confirm by lots of way or activity like as Sample, Development, Previous Relation or Existing Relation by Local Buyer. Overall so many source are involve when an orders are taken. When buyer confirm his orders to seller, they shoot a purchase order (PO) or Work Order Sheet for requesting Proforma Invoice (PI) related with PO. Because of when the buyer is get the PI they issue a Export LC to Concern Bank for confirm the orders. Here so many topics and activity are there but main thing is order sheet or PO sheet involve lots of PO Number, Style, FOB price and contract rules and so on. 

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