Unit Cost Estimating is a means to establish a project cost based on a single va
ID: 2513274 • Letter: U
Question
Unit Cost Estimating is
a means to establish a project cost based on a single variable or single unit.
is a means to establish the cost of assemblies that can be aggregated into an overall cost of the work.
is a means to establish a project cost based upon quantity units applied to labor, material and equipment.
aa means to establish a project cost based on a single variable or single unit.
bis a means to establish the cost of assemblies that can be aggregated into an overall cost of the work.
cis a means to establish a project cost based upon quantity units applied to labor, material and equipment.
Explanation / Answer
Answer: (a) means to establish a project cost based on a single variable or single unit.
Unit Cost Estimating is a means to establish a project cost based on a single variable or single unit.
Unit costing is the process of costing where the total cost of production is calculated and divided by the number of units produced, so as to calculate the per unit cost of production.
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