Asked by
Prachanda Adhikari
on Oct 20, 2024
Verified
The high-low method of deriving an estimated cost line uses all the data points available.
Estimated Cost Line
A projection or forecast of the expected costs associated with a project, product, or service over a specified period.
- Explain and apply the high-low method for cost behavior analysis.
Verified Answer
SB
Learning Objectives
- Explain and apply the high-low method for cost behavior analysis.
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