The data points with the ________ and ________ should be selected for use in the high-low method.
A) highest volume; the lowest volume
B) highest cost; the lowest cost
C) highest volume; the lowest cost
D) highest cost; the lowest volume

Question

Quizplus · Accepted Answer

The high-low method in cost accounting involves selecting the data points with the highest and lowest levels of activity (volume) to estimate the variable and fixed components of a cost.

The Data Points with the ________ and ________ Should Be

The Data Points with the and Should Be