All four methods produce estimates of amounts of fixed and variable costs. The ultimate goal of cost estimation is to determine the amount of fixed and variable costs to create a cost formula to be used to predict future costs. The cost formula, or cost equation, is the output of the cost estimation process.
Official logo of the GRULAC. The Latin American and Caribbean Group (GRULAC: Group of Latin America and Caribbean Countries) is a United Nations Regional Group gathering all the Latin American and Caribbean states (17% of all UN members).
[la Ëpas]), is Bolivia 's third-most populous city (after Santa Cruz and El Alto), the seat of the country's government, and the capital of La Paz Department. It is located on the western side of Bolivia at an elevation of roughly 3,650 m (11,975 ft) above sea level. It is, de facto, the world's highest administrative capital. While the official capital of Bolivia (and its seat of justice) is Sucre, La Paz has more government departments.