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![]() Help generate cost estimates for managerial planning and decision Microsoft Excel is a flexible and powerful tool that can be used to Use of a scattergraph-to the sophisticated, such as the use of The relatively simple-like professional judgment and intuition or the Mechanisms for generating cost estimates range from ![]() Preparing budgets (both financial and operating), decision making (suchĪs projecting costs associated with various decision alternatives), andĬontract bidding. Predetermined overhead application rates for product costing purposes, Retrieved from Ĭost estimation is one of the most fundamental tools in the APA style: Using excel 2013 for regression-based cost estimation: Part 1.Using excel 2013 for regression-based cost estimation: Part 1." Retrieved from 2017 Institute of Management Accountants 08 Jan. MLA style: "Using excel 2013 for regression-based cost estimation: Part 1." The Free Library.
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