Advantages and disadvantages of the four cost estimation methods

Order Details;

Please prepare a memorandum written to me on the advantages and disadvantages of the four cost estimation methods described in Chapter 10 of our textbook(Textbook is: Cost Accounting. A Managerial Emphasis by Horngren, Datar & Rajan.15th edition).  Assume that you are the Controller of a company and I am the Chief Operating Officer and I need your help in understanding the estimation issues before I decide which method the company will use.  Select an industry (e.g. government contracting, communication or services, etc.) that you are familiar with and assume that we work for a company within that industry.

 

Your memo should be about two pages long, use 12 font and 1 inch margins, and include properly formatted references and citations where appropriate.