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Forecasted Costs

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
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Jul 31, 2015, 9:01:56 PM
`"Forecasted Costs" = "Cost per Cover Forecast" * "Forecasted Number of Covers" `
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Operation Management Cost Forecast
UUID
60f82e80-37c7-11e5-a3bb-bc764e2038f2

Forecasted Costs computes the prediction of a company's desired future costs. This forecast is done for a particular period of a time in the near future, usually the next fiscal year.

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Sales Forecasting Definition - at TrackMaven.com." TrackMaven. N.p., n.d. Web. 08 Aug. 2015.
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