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Processplannining and Cost Estimation

The document outlines the fundamentals of process planning and cost estimation, detailing various units including introduction to process planning, activities involved, and cost estimation methods. It emphasizes the importance of accurate costing for production decisions, including labor, material, and overhead costs, as well as different estimation methods like factor, material cost, and function methods. Additionally, it provides a structured approach to estimating costs, including steps for calculating direct and indirect expenses, and determining selling prices.

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kaballiborntowin
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12 views78 pages

Processplannining and Cost Estimation

The document outlines the fundamentals of process planning and cost estimation, detailing various units including introduction to process planning, activities involved, and cost estimation methods. It emphasizes the importance of accurate costing for production decisions, including labor, material, and overhead costs, as well as different estimation methods like factor, material cost, and function methods. Additionally, it provides a structured approach to estimating costs, including steps for calculating direct and indirect expenses, and determining selling prices.

Uploaded by

kaballiborntowin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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