Which method are managers using when they use their judgment to classify costs as variable, fixed, or mixed?
A)High-low method
B)Account analysis
C)Regression analysis
D)Low-high method

Question

Quizplus · Accepted Answer

Managers are using account analysis when they use their judgment to classify costs as variable, fixed, or mixed. This method involves examining each account in the financial records and determining whether it is a variable or fixed cost.

Which Method Are Managers Using When They Use Their Judgment