Question

tender Price indicates
a) cost of sales
b) total cost of production
c) estimate selling price
d) non of these ​

Answer 1

Answer:

The price quoted for future production is called Quotation Price or Tender Price. This price is ascertained on the basis of previous cost sheet or production account. In ascertaining expected cost in the future, the items of previous elements of cost are considered with due regard to expected changes in the future.

Imatk me as brainlust...hlp me to reach expert ....i will give 50 points question.