Physics · Estimation and Costing
Which of the following factors in estimation and costing refers to the unexpected expenditure due to an increase in material cost rates, losses due to floods, or other unforeseen events?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Overhead Charges
- 2Contingencies✓
- 3Price List
- 4Labour Charges
Correct answer
Contingencies
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