Why is preliminary cost estimate required?

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Why is preliminary cost estimate required?

Post  michael_fico on Fri Mar 23, 2012 6:50 pm


The preliminary cost estimate is required for the following:-
Confirm the actual activity quantities.
Valuate work in process
Calculate production variances in variance calculation
Valuate the unplanned scrap in variance calculation

michael_fico

Posts : 163
Join date : 2012-03-23

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