The program office has access to a database of the costs of


Question - A program in the engineering and manufacturing development (emd) phase has just been instructed to add some new electronic "black boxes" to the aircraft. The program executive office needs a quick estimate of the cost impact these new additions that is as accurate as possible. The program office has access to a database of the costs of adding similar equipment to 15 other types of aircraft. What is the most appropriate cost estimating method for this situation?

a. actual cost

b. parametric

c. analogy

d. engineering

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The program office has access to a database of the costs of
Reference No:- TGS02544788

Now Priced at $25 (50% Discount)

Recommended (96%)

Rated (4.8/5)