Which cost estimation method analyzes accounts in the subsidiary ledger as variable, fixed, or mixed using qualitative methods?
A)the account analysis method
B)the conference method
C)the industrial engineering method
D)the quantitative analysis method

Question

Quizplus · Accepted Answer

The account analysis method is the cost estimation method that analyzes accounts in the subsidiary ledger as variable, fixed, or mixed using qualitative methods. The conference method involves having experts discuss and estimate costs, while the industrial engineering method involves analyzing work processes and time requirements. The quantitative analysis method involves using mathematical and statistical models to estimate costs.

Which Cost Estimation Method Analyzes Accounts in the Subsidiary Ledger