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).
Report Abuse. La Paz and Sucre!! Bolivia is one of the few countries that has two capital cities -- Sucre is home to the judicial branch of the government (making it the constitutional capital), while the president and congress are stationed in La Paz (the administrative capital).