Computer · Estimation and Costing
Which among the following depicts the correct relationship for work value?
- 1actual expenditure + contingency + work establishment + profit + other miscellaneous charges
- 2Total estimate + contingency + work establishment - profit - other miscellaneous charges
- 3Total estimate - contingency - work establishment + profit + other miscellaneous charges
- 4Total estimate - contingency - work establishment - profit - other miscellaneous charges✓
Correct answer
Total estimate - contingency - work establishment - profit - other miscellaneous charges
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