Reasonableness of the Estimate or Working Results Homework Help

Reasonableness of the Estimate or Working Results

The estimate of working results is sought to be based on (i) a realistic market demand forecast. (ii) price computations for inputs and outputs that are based on current quotations and inflationary factors, (iii) an approximate time schedule for capacity utilization, and (iv) cost projections that distinguish between fixed and variable costs.

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