Which methods may be used to estimate the stand-alone prices of goods and services?

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22-07-2022
Business

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Which methods may be used to estimate the stand-alone prices of goods and services?

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-07-31T11:25:05+02:00

The methods that may be used to estimate the stand-alone prices of goods and services: Residual approach, Expected cost plus margin approach, Adjusted market assessment approach.

The estimate is a rough or approximate calculation of something.

The estimate is used to form an approximate judgment or opinion regarding the worth, amount, size, weight, etc., for calculating approximately.

types of estimates:

Preliminary Estimate.
Detailed Estimate.
Quantity Estimate.
Bid Estimate.

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