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    eolis's Avatar
    eolis Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 15, 2013, 03:55 PM
    Cost accounting
    Which cost estimation method would be the best method to determine the total cost of manufacturing the new product
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    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
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