The high-low method is a specific application of the two-point method of cost estimation.

Name: The high-low method is a specific application of the two-point method of cost estimation.
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The high-low method is a type of two-point method used in cost accounting to estimate a cost function by taking two data points: the highest and the lowest activity levels, and using them to calculate the variable cost per unit and the fixed cost.

The High-Low Method Is a Specific Application of the Two-Point