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COST ESTIMATION techniques are used to do which of the following? a. To determine how variable costs will change with the change of quantity (or

COST ESTIMATION techniques are used to do which of the following?

a.

To determine how variable costs will change with the change of quantity (or volume) in production

b.

To determine how overall costs will behave given a change in the activity level

c.

To estimate the actual cost of a fixed quantity of production over the life cycle of a product

d.

To estimate the average cost of a unit of production in a complex organisational environment

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