---
esco_uri: http://data.europa.eu/esco/skill/6f8f86f8-0ef9-4dd6-8e29-7d790e65706b
esco_label: "calculate production costs"
relation: optional
onet_soc: 13-2011.00
source: model-knowledge
confidence: high
qa_count: 0
generator: gemma3:27b (prompt-designed and spot-checked by Claude)
generated: 2026-07-10
---

# calculate production costs — Accountant

As an Accountant, 'calculating production costs' isn’t just about adding up raw material prices. It's a core part of determining the *true* cost of goods sold (COGS) and ultimately, profitability. Daily tasks involve meticulously tracking direct materials (what goes *into* the product), direct labor (wages for those building it), and manufacturing overhead (everything else – factory rent, utilities, depreciation on equipment). You'll be analyzing variances between standard costs (pre-determined expected costs) and actual costs, investigating why things are off budget. This feeds directly into inventory valuation, cost accounting reports, and ultimately the financial statements.

## Weitere Anreicherung

Stage-2 source for future practitioner grounding: EconStor (open-access economics/finance literature).
