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natali 33 [55]
3 years ago
12

For international events, it is considered wise to add a contingency factor of _______ over the basic cost estimates in order to

cover currency fluctuations if services need to be contracted using the local currency.
Business
1 answer:
Delicious77 [7]3 years ago
3 0

Answer: 10-20%

Explanation: A contingency factor is anything you can't predict accurately or forecast in the future. In order to cover currency fluctuations when services are done in local currency, contingency cost of 10-20% over basic cost estimate is advisable.

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<u>Explanation:</u>

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3 years ago
Manufacturing overhead has an underallocated balance of $12,400; raw materials inventory balance is $145,500; work in process in
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A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions n
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