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).
Location of Sucre on a map. Sucre is the capital city of Bolivia. It has a population of 224,838, and is located on a latitue of -19.03 and longitude of -65.26. Sucre is also the political center of Bolivia, which is considered a Republic, and home to its Executive head of state.