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Fixed, variable, and semi-variable overheads examples
Fixed overheads: rent, insurance, salaries of permanent staff
Variable overheads: raw materials, electricity usage, production supplies
Semi-variable overheads: utilities (part fixed part variable), maintenance costs (fixed plus variable based on usage)
Cost sheet preparation involves gathering and analyzing all costs associated with a product or service.
Gather all direct costs (materials, labor) and indirect costs (overhead)
Allocate overhead costs based on a predetermined method (e.g. labor hours, machine hours)
Calculate total cost per unit by adding all costs together
Analyze cost sheet to identify areas for cost reduction or efficiency improvements
Fixed costs remain constant regardless of production levels, while variable costs fluctuate based on production volume.
Fixed costs include rent, salaries, insurance, and depreciation.
Variable costs include raw materials, labor, and utilities.
Fixed costs are incurred even if production is zero.
Variable costs increase as production levels rise.
Total costs are the sum of fixed and variable costs.
EBIT stands for Earnings Before Interest and Taxes. It is a measure of a company's profitability that excludes interest and income tax expenses.
EBIT is calculated by subtracting operating expenses from gross revenue.
It is used to analyze a company's operating performance without the impact of financing decisions or tax environments.
EBIT is often used by investors and analysts to compare the profitability of differ...
BEP stands for Break-Even Point and MOS stands for Margin of Safety.
BEP is the point at which total revenue equals total costs, resulting in neither profit nor loss.
MOS is the amount by which sales can drop before the company reaches the BEP.
Calculating BEP helps in determining the minimum amount of sales needed to cover costs.
MOS provides a cushion for the company in case of unexpected changes in sales or costs.
Lean is a methodology focused on maximizing customer value while minimizing waste.
Lean emphasizes continuous improvement and the elimination of waste in processes.
It involves identifying value from the customer's perspective and streamlining processes to deliver that value efficiently.
Lean principles include just-in-time production, continuous flow, and pull systems.
Examples of lean tools and techniques include 5S...
Domino's Pizza process involves efficient resource utilization for timely delivery.
Domino's uses a streamlined process from order placement to delivery to ensure efficiency.
They optimize resource utilization by tracking delivery times, managing inventory, and scheduling staff.
For example, Domino's utilizes GPS tracking for delivery drivers to optimize routes and minimize delivery times.
Factors affecting raw material price trends include supply and demand, geopolitical events, currency fluctuations, and weather conditions.
Supply and demand dynamics play a significant role in determining raw material prices
Geopolitical events such as trade wars or sanctions can disrupt supply chains and impact prices
Currency fluctuations can affect the cost of importing raw materials
Weather conditions like drought...
Compressors are devices that increase the pressure of a gas by reducing its volume. There are various types of compressors.
Reciprocating compressors use a piston to compress the gas by moving it back and forth in a cylinder.
Rotary compressors use rotating impellers or screws to compress the gas.
Centrifugal compressors use a rotating impeller to accelerate the gas and then convert the kinetic energy into pressure.
S...
Customers choose Daimler for its reputation for quality, innovation, and luxury in the automotive industry.
Reputation for quality: Daimler is known for producing high-quality vehicles that are reliable and durable.
Innovation: Daimler is at the forefront of automotive technology, constantly introducing new features and advancements in their vehicles.
Luxury: Daimler's vehicles are synonymous with luxury and prestige...
posted on 17 Dec 2024
Problem solving case study
My strengths include attention to detail, problem-solving skills, and strong communication abilities.
Attention to detail: I have a keen eye for spotting errors and inconsistencies in software code.
Problem-solving skills: I enjoy tackling complex issues and finding creative solutions.
Strong communication abilities: I can effectively communicate with team members and stakeholders to ensure project success.
Thermodynamic processes involve the study of energy transfer and transformation. Laws of thermodynamics govern these processes, while gears are mechanical devices used to transmit motion.
Thermodynamic processes involve the transfer of heat and work between a system and its surroundings.
The laws of thermodynamics include the zeroth law (thermal equilibrium), the first law (conservation of energy), the second law (entrop...
I applied via Recruitment Consulltant and was interviewed in Sep 2024. There was 1 interview round.
EBIT stands for Earnings Before Interest and Taxes, while EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization.
EBIT is a measure of a company's operating performance without factoring in interest and taxes.
EBITDA is a measure of a company's operating performance without factoring in interest, taxes, depreciation, and amortization.
Both EBIT and EBITDA are commonly used to evaluate a company'...
BEP stands for Break-Even Point and MOS stands for Margin of Safety.
BEP is the point at which total revenue equals total costs, resulting in neither profit nor loss.
MOS is the amount by which sales can drop before the company reaches the BEP.
Calculating BEP helps in determining the minimum amount of sales needed to cover costs.
MOS provides a cushion for the company in case of unexpected changes in sales or costs.
I appeared for an interview in Mar 2025, where I was asked the following questions.
I appeared for an interview in Apr 2025, where I was asked the following questions.
I applied via Campus Placement and was interviewed in Nov 2024. There was 1 interview round.
I have a strong academic background, relevant experience, and a passion for engineering.
I have a solid academic background in engineering with a focus on [specific field].
I have completed internships at [company name] where I gained hands-on experience in [relevant skills].
I am a quick learner and have a strong work ethic, as demonstrated by my [specific project or achievement].
The company is a leading engineering firm specializing in innovative solutions for various industries.
Established in 2005
Provides services in mechanical, electrical, and civil engineering
Known for their cutting-edge technology and sustainable practices
Clients include major corporations in automotive and aerospace industries
I applied via Naukri.com and was interviewed in Jun 2024. There were 2 interview rounds.
Seeking new challenges and growth opportunities in a dynamic sales environment.
Looking for new challenges and opportunities for growth
Interested in working in a more dynamic sales environment
Seeking a change to further develop my skills and experience
I have a proven track record of exceeding sales targets, strong leadership skills, and a strategic approach to driving revenue growth.
Consistently exceeded sales targets by 20% in my previous role
Led a team of 10 sales representatives to achieve a 30% increase in revenue within one year
Implemented a new sales strategy that resulted in a 15% growth in customer base
I have over 8 years of experience in sales management, leading teams to exceed targets and drive revenue growth across various industries.
Led a team of 10 sales representatives, achieving a 30% increase in annual sales through targeted training and motivation.
Implemented a new CRM system that improved lead tracking and conversion rates by 25%.
Developed strategic partnerships with key clients, resulting in a 40% boost i...
I applied via Referral and was interviewed in Mar 2024. There were 2 interview rounds.
Lean is a methodology focused on maximizing customer value while minimizing waste.
Lean emphasizes continuous improvement and the elimination of waste in processes.
It involves identifying value from the customer's perspective and streamlining processes to deliver that value efficiently.
Lean principles include just-in-time production, continuous flow, and pull systems.
Examples of lean tools and techniques include 5S, Kan...
Domino's Pizza process involves efficient resource utilization for timely delivery.
Domino's uses a streamlined process from order placement to delivery to ensure efficiency.
They optimize resource utilization by tracking delivery times, managing inventory, and scheduling staff.
For example, Domino's utilizes GPS tracking for delivery drivers to optimize routes and minimize delivery times.
I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.
Compressors are devices that increase the pressure of a gas by reducing its volume. There are various types of compressors.
Reciprocating compressors use a piston to compress the gas by moving it back and forth in a cylinder.
Rotary compressors use rotating impellers or screws to compress the gas.
Centrifugal compressors use a rotating impeller to accelerate the gas and then convert the kinetic energy into pressure.
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Some of the top questions asked at the Daimler India Commercial Vehicles interview -
The duration of Daimler India Commercial Vehicles interview process can vary, but typically it takes about less than 2 weeks to complete.
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