Once you know how a particular cost behaves, estimating the total cost is relatively simple.

Name: Once you know how a particular cost behaves, estimating the total cost is relatively simple.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Once you have an understanding of how a cost behaves (e.g. fixed, variable, mixed), it can be easier to predict the total cost based on changes in volume or other factors. However, accurately estimating total costs still requires careful analysis and consideration of other factors that may impact costs.

Once You Know How a Particular Cost Behaves, Estimating the Total