Product line cost estimation: a standard cost approach
- PMID: 10286385
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Product line cost estimation: a standard cost approach
Healthc Financ Manage.
1988 Apr.
Abstract
Product line managers often must make decisions based on inaccurate cost information. A method is needed to determine costs more accurately. By using a standard costing model, product line managers can better estimate the cost of intermediate and end products, and hence better estimate the costs of the product line.