Manager Garments Department Interview Question:

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

Submitted by: Muhammad

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.
Submitted by: Muhammad