Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assuming that the total cost provided were the nor

Assuming that the total cost provided were the normal cost. The optimistic cost were under-estimated...

90.2K

Verified Solution

Question

Accounting

Assuming that the total cost provided were the normal cost. The optimistic cost were under-estimated by 30%, and the pessimistic cost exceeded the normal cost by 20%. Prepare a budget using an appropriate estimation technique and justify your choice.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which of the following statements are FALSE regarding the Lewis structures of XeFO3- and XeFO3+ ? Question...

Chemistry
Q

QUESTION 4 Discuss the advantages and disadvantages of various types of counseling relationships. Explain at least 5 advantages...

Psychology
Q

E Howship s Lacuna A C Fibr D None of the above Match cell with...

Biology
Q

A chi square distribution with 5 degrees of freedom is graphed below The region under...

Statistics
Q

B Find the slope of the line that passes through the points 5 10 and...

Statistics
Q

Graph the equation by plotting points.2f(x) = -1

Algebra
Q

Alta Company is constructing a production complex that qualifies for interest capitalization. The...

Accounting
Q

Gibbon Corp., a Canadian public corporation, owns equipment for which the following year-end information is...

Accounting
Q

Please someone answer this question in an organized way according to the tables. Thank you...

Accounting
Q

Problem #2 (10 points): A corporation reports the following year-end stockholders' equity: Contributed capital: Preferred...

Accounting
Q

All of the following represent monetary information in an environmental management accounting system except A....

Accounting
Q

Yoder expects total sales of $362 000 in January and $403,000 in February Assume that...

Accounting