QUESTION:
Using a business as a case study, explain how you can estimate the cost of a product, service or activity within that business using applicable examples. For the estimates presented you need to discuss any judgements made and /or any limitations faced with the methodology used. Finally, you should comment if you feel that your estimates can be used by management.
Typical length: Approx 1500 words
Please read attachments in full, T.4 and the Costing Example. Please read through brief in full to understand everything that is required.