Methods of Cost Estimation

We will consider given cost estimation methods commonly employed, namely as:

a. High Low Activity method

b. Engineering Analysis

c. Account Analysis

d. Visual Fit as Scatter graph method

e. Learning curve Theory

f. Easy linear regression analysis

Posted Date: 2/5/2013 3:18:57 AM | Location : United States

Ask an Expert

Related Discussions:- Methods of cost estimation, Assignment Help, Ask Question on Methods of cost estimation, Get Answer, Expert's Help, Methods of cost estimation Discussions

Write discussion on Methods of cost estimation
Your posts are moderated

Write your message here..

Related Questions

Differential costing, What do you mean by differential costing ? How it dif... What do you mean by differential costing ? How it differ from marginal costing ? explain its practical application with examples?

Applications of marginal costing, what is the concept what is the concept

Cost - terms used in cost accounting, Cost - Terms Used in Cost Accounting ... Cost - Terms Used in Cost Accounting It measures the economic sacrifice created to achieve an organizations aims. For a product, cost represents the monetary measurement of re

VARIABLE COST, WHAT IS VARIABLE COST WHAT IS VARIABLE COST

Use the high-low method to determine variable cost per unit, The following ... The following data is available regarding costs and units: Observation Machine-hours Total Operating Costs January 4,000 $45,900 February 5,000 52,500 March 3,400 44,025 April 4,40

#title.basic pay, how do you calculate them how do you calculate them

Operating costing, types types

Prepare a statement to show the total overheads, QUESTION 1: PART A ... QUESTION 1: PART A Swatathon Inc. has two production departments (A and B) and two service departments (maintenance and stores). Details of next year's budgeted overheads

Calculate the nominal interest rate, A 1- year Canadian bond with a face va... A 1- year Canadian bond with a face value of 5000 can be purchased at 4800. a) Calculate the nominal interest rate in Canada. b) if the Canadian dollar is expected to depreci

Prepare the consolidated balance sheet, H Bhd has a 75% holding in the ordi... H Bhd has a 75% holding in the ordinary shares of S Sdn Bhd and 40% in A Sdn Bhd. Shares in S were acquired  in 2006 when its retained earnings were RM120 million.  The shares in A