[Solved] The High-Low Method Provides a Reasonable Estimate of the Fixed

Question 48
Multiple Choice

The high-low method provides a reasonable estimate of the fixed and variable costs as long as:

A) it uses eight or more points (instead of simply two).
B) at least one of the two points falls within the relevant range.
C) the high and low points for both activity and total fixed costs are the same.
D) the high and low points reflect the general trend of the data.

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