Cost accountant Interview Questions
210Cost Accountant interview questions shared by candidates
How do you cost a product?9 Answers
It all depend in materials used, labors, packaging and delivery cost.
it all depend in materials used labors,packaging,and delivery ,That call product cost. Less
Cost of product includes Direct Labour + Direct Material+ Direct FOH (factory Overheads). The total cost divided by total no of units produced gives you cost per unit. Less
If the client ask for amendment of the contract to perform cost saving to do some changes in the specs. How would you deal with that?1 Answers
I don't prefer any cost saving unless it is really needful by the client and no way to avoid it due to valuable reasons. As cost control/accountant for a contractor we aim for a big bulk of work and diversity and bring more values to the company instead of omitting by doing cost saving for the client. I do seek to have more variations from the client and his engineer / consultant. Less