Assistant Manager Costing Interview Questions and Answers

Abnormal costs should be separately identified and disclosed in the Cost Audit Report. Product costing requires facts like direct materials, labor, and overhead costs.

• Abnormal costs should be identified and disclosed separately in the Cost Audit Report

• Product costing requires direct materials, labor, and overhead costs

• Other facts needed for product costing include production volume, production time, and production capacity

• Costing methods such as job costing, process costing, ...read more