The high-low method is a cost estimating approach that uses ________ to find the cost line.
A)only two data points
B)all available data points
C)only four data points
D)personal intuition

Question

Quizplus · Accepted Answer

The high-low method uses only two data points, specifically the highest and lowest points on the cost and activity graph, to find the cost line. This cost line can then be used to estimate future costs at different activity levels.

The High-Low Method Is a Cost Estimating Approach That Uses