Which of the following cost estimation methods finds the variable portion of a mixed cost before calculating the fixed portion?
A)Scattergraph.
B)High-low method.
C)Account analysis.
D)Linear regression.

Question

Quizplus · Accepted Answer

The high-low method identifies the variable cost per unit by analyzing the highest and lowest activity levels, and then calculates the fixed cost using this variable cost.

Which of the Following Cost Estimation Methods Finds the Variable