Home » Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds Estimation and Costing MCQs Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds April 23, 2022 7 Views Q. Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds A. 2.0 % B. 2.5 % C. 4.0 % D. 5.0 % Answer: 5.0 %