Critical inputs in using the high-low method include all of the following EXCEPT
A)actual activity levels (production levels)for an operating period.
B)actual mixed costs (total costs)corresponding to the various activity levels.
C)a calculator.
D)a hypothesis for the slope.

Question

Quizplus · Accepted Answer

The critical inputs for using the high-low method include actual activity levels, actual mixed costs, and a hypothesis for the slope. A calculator is also useful but not necessarily critical since the calculations can be done manually.

Critical Inputs in Using the High-Low Method Include All of the Following