Based on managerial judgement, the best predictor of manufacturing costs is the units available.

Name: Based on managerial judgement, the best predictor of manufacturing costs is the units available.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

There are multiple factors that can affect manufacturing costs, such as labor costs, raw material costs, equipment maintenance costs, etc. Therefore, relying solely on units available as a predictor of manufacturing costs may not provide an accurate estimate.

Based on Managerial Judgement, the Best Predictor of Manufacturing Costs