Quotation Engineer

Quotation Engineer Interview Questions and Answers

Updated 9 Nov 2024

Q1. How to calculate cost.

Ans.

Cost can be calculated by considering all expenses incurred in producing a product or service.

  • Calculate direct costs such as materials, labor, and overhead.

  • Include indirect costs like utilities, rent, and administrative expenses.

  • Factor in any additional costs like shipping, taxes, and marketing.

  • Add profit margin to cover desired profit.

  • Total all costs to determine final selling price.

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