G-III's licensed apparel consists of both women's and men's products in a range of categories. Its sells licensed brands, including Calvin Klein, Tommy Hilfiger, Karl Lagerfeld, Kenneth Cole, Guess?, Levi's and Cole Haan.
Difference between Cost Center & Internal Order. Internal orders are an excellent means of managing costs. Internal orders have many controls such as Execution profile, status profile, budget profile, plan profile etc to manage the costs. http://www.sap-img.com/financial/difference-between-cost-centers-and-internal-orders.htm Internal Orders are used for short term purpose like Trade Fairs, Job Fairs etc., where as Cost Centers are used for long term purpose to capture the day to day costs.
Drawing a line between manufacturing costs and non-manufacturing operating costs: The key difference here is that manufacturing costs are categorized as product costs, whereas non-manufacturing operating costs are categorized as period costs. In calculating product costs, you include only manufacturing costs and not other costs. Period costs are recorded right away as expenses â either in variable operating expenses or fixed operating expenses (refer to the figure below).