Cost Estimation

Cost Estimation Generally Accepted Accounting do The main purpose of searching for a new method to estimate cost if due to the erroneous practices of accounting. There is a wide recognition of this problem but most companies lifelessness have not gone to a different approach. The principally accepted accounting principles principles do not provide the sorting of cost dot and information focus required in today?s capital intensive, automated, and complex manufacturing and distribution. It generates an erroneous and opposite word relationship amidst computed crossroad cost and current harvestion volume. This is the study problem- the inverse relationship between production volume and document take to be because these indirect expenses are all unspoilt charges to the current product. In periods of declining gross revenue, the apparent cost of the product rises, bringing suggestions of price increases in the face of weak gross sale s performance. In good sales periods, apparent cost of product declines, suggesting either a great(p) of pr...If you want to get a full essay, order it on our website: BestEssayCheap.com

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