Which Estimating Technique Decomposes the Work into Detailed Pieces for Which

question 31

Multiple Choice

Which estimating technique decomposes the work into detailed pieces for which estimates are prepared and then aggregated into a total quantity for the project?

• A) piece meal pricing
• B) decomposition estimating
• C) bottom-up estimating
• D) grass roots estimating

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Definitions:

Ending

The final point or conclusion of a financial statement or period.

Applied Manufacturing Overhead

The portion of manufacturing overhead costs allocated to each unit of production, based on a predetermined rate.

Applied Manufacturing Overhead

Applied Manufacturing Overhead refers to the estimated overhead costs assigned to individual products based on a predetermined rate and actual activity levels.

Overhead

The indirect costs of running a business that are not directly associated with the production of goods or services, such as administrative expenses and rent.