Estimation and costing

Expenses

Except direct material cost and direct labour cost, all other expenses (including indirect material and indirect labour cost) which incurr...

In product cost estimation and costing material cost play a significant role. It directly influence price of a product. Material cost Aim ...

In product cost estimation, labour cost is an important part. It directly influence price of a product. Labour cost Aim of Labour Costing:...

Weight calculation formula: Weight calculation Weight calculation for MS Plate: Weight (Kg) = Length (mm) x Width (mm) x Thickness (mm...

Cost estimation Cost estimation is the process of finding cost of a product before it actually manufactured. To run any profitable busines...