Fukoku Food & Beverage Manager Interview Questions and Answers

Q1. What are basis of allocation of costs?
Ans. 
Basis of allocation of costs refers to the methods used to distribute costs among different departments or products.
• Cost drivers are used to allocate costs based on the factors that drive the costs, such as machine hours, labor hours, or square footage.

• Direct allocation involves assigning costs directly to a specific department or product.

• Step-down allocation involves allocating costs in a sequential manner, starting w...read more
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Q2. How is the budget done?
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Q3. What are the elements of FC & VC?
Ans. 
FC stands for Fixed Costs and VC stands for Variable Costs. Both are important elements in cost accounting.
• Fixed Costs (FC) are costs that remain constant regardless of the level of production. Examples include rent, salaries, insurance.

• Variable Costs (VC) are costs that vary with the level of production. Examples include raw materials, direct labor, utilities.

• Total cost = Fixed Costs + Variable Costs.

• Understanding FC ...read more
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Q1. How will you arrive at net profit?
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Net profit is calculated by subtracting total expenses from total revenue.
• Calculate total revenue by adding up all sales and other income

• Deduct total expenses including cost of goods sold, operating expenses, and taxes

• Net profit = Total revenue - Total expenses

• Monitor and analyze profit margins to identify areas for improvement
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Q1. Tell me about your family background?
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Q2. Tell me about your past experience?
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Q1. Tell me about your family?
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Q2. Tell me about achievements?
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Q1. Question on General Procurement process, Vendor Development , Strategic Sourcing.
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Q1. Vendor Development, costing, strategic sourcing
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Costing , negotiation

Q1. Previous work experience
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I have 5 years of experience in retail management, overseeing a team of 15 employees.
• Managed daily operations and ensured smooth functioning of the store

• Trained and supervised staff members to improve customer service

• Implemented sales strategies to increase revenue

• Handled inventory management and merchandising

• Resolved customer complaints and issues effectively
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Q1. Future plans , Salary negotiation
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Explain programming languages you have experience with, explain how you would design a banking app

Behavioral test to see how you respond to different situations

2 leetcode easy questions

Q1. An hour interview with hiring managers
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