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).
Languages of Bolivia. The languages of Bolivia include Spanish; several dozen indigenous languages, most prominently Aymara, Quechua, Chiquitano and Tupi GuaranÃ­; Bolivian Sign Language (closely related to American Sign Language); and language of immigrants such as Plautdietsch.