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).
Celebrations in Bolivia are at their peak on the eve of Christmas. People are elegantly and brightly dressed during these festivals. Dance, music and songs are an inseparable part of Bolivian cultural events and celebrations. Caporales is considered to be the most popular dance in the country.