The high-low method can be used to derive an estimated line of cost behavior.

Name: The high-low method can be used to derive an estimated line of cost behavior.
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The high-low method is a cost analysis technique used to estimate the fixed and variable elements of a cost formula. It uses the highest and lowest activity levels and their corresponding costs to calculate the variable cost per unit and the total fixed costs. These estimates can then be used to create an estimated line of cost behavior.

The High-Low Method Can Be Used to Derive an Estimated