HomeArtIf residual error is 51 and predicted cost value is 37, then observed cost value will be 1042. If residual error is 51 and predicted cost value is 37, then observed cost value will beBy Administrator / August 24, 2025 14 88 24 68 ✅ The correct answer is B. Observed cost value = Residual error + Predicted cost value = 51 + 37 = 88
1. If direct material cost is $5500 and prime cost is $25000, then direct manufacturing labour would be Leave a Comment / Art, Costing / By Administrator
2. LIFO method of pricing of materials is more suitable when _________. Leave a Comment / Art, Costing / By Administrator