Asked by Brayan Patlan on Jun 16, 2024
Verified
The high-low method of deriving an estimated cost line uses all the data points available.
High-Low Method
A technique used in managerial accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
- Comprehend the utilization and constraints of different techniques for examining cost behavior.
Verified Answer
YZ
Yanushi ZaveriJun 18, 2024
Final Answer :
False
Explanation :
The high-low method only uses the highest and lowest data points to estimate the cost line, not all the data points available.
Learning Objectives
- Comprehend the utilization and constraints of different techniques for examining cost behavior.
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