Is product costing an exact science? How easy is it to predict… Is product costing an ex

Is product costing an exact science? How easy is it to predict… Is product costing an exact science?How easy is it to predict overhead costs ahead of time?  What happens if our overhead cost projections are wrong?Qualitative factors that may need to be considered – how busy or slow is the shop, how easy or hard is it to make the product, is this a new customer, are other large or smaller orders likely to come, is this a loyal repeat customer?How much does the business expect to sell in the next year in units?What should be our unit selling price to Mrs. Carter? Accounting Business Managerial Accounting ACCT 6015 Share QuestionEmailCopy link