_________________ is a method of separating a mixed cost into its fixed and variable elements by fitting a regression line that minimizes the sum of the squared errors.
A) quick and dirty method
B) scattergraph method
C) high-low method
D) least-square regression method

Question

Quizplus · Accepted Answer

The least-square regression method is the best choice for separating a mixed cost because it uses statistical analysis to fit a regression line that minimizes the sum of the squared errors, resulting in a more accurate separation of fixed and variable costs. The other options listed (quick and dirty method, scattergraph method, high-low method) do not involve as much statistical analysis and may result in less accurate cost separation.

_________________ Is a Method of Separating a Mixed Cost into Its