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Discuss why managers estimate a cost function?suppose actual cost are higher than estimated cost....

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Accounting

Discuss why managers estimate a cost function?
suppose actual cost are higher than estimated cost. Analyze why youmay have this difference between actual and estimated costs?

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This question is answered in two parts which are 1why managers estimate a cost function and reason for higher actual cost then estimated cost Ans no1Managers estimate a cost    See Answer
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In: AccountingDiscuss why managers estimate a cost function?suppose actual cost are higher than estimated cost. Analyze...Discuss why managers estimate a cost function?suppose actual cost are higher than estimated cost. Analyze why youmay have this difference between actual and estimated costs?

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