eolis
Sep 15, 2013, 03:55 PM
Which cost estimation method would be the best method to determine the total cost of manufacturing the new product
paraclete
Sep 15, 2013, 06:35 PM
Not sure if you are confusing your goals here
You determine the probable cost of manufacturing based on known facts and examination of similar products
In particular;
Method of manufacture
Volume
Direct costs; ie; materials, labour