Some of the methods that can be used to develop estimates of lost sales and incremental expenses include:

Question

Quizplus · Accepted Answer

Both the Before and After Method and the Benchmark "Yardstick" Method can be effective in developing estimates of lost sales and incremental expenses. The Before and After Method involves comparing sales and expenses before and after a specific event (such as a price or product change) to determine the impact on lost sales and incremental expenses. The Benchmark "Yardstick" Method involves using industry benchmarks or competitor data to estimate the impact on sales and expenses. Therefore, either one of these methods can be used to develop estimates, making choice C the best answer.

Some of the Methods That Can Be Used to Develop