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).
What is the capital of Bolivia? Sucre! A lot of the tin miners lived in La Paz while many silver mine owners resided in Sucre, although tin mining was a relatively new industry, 70 years later it was generating more income than silver mining.