When using the high-low method, the "high" point should be chosen as the data point with the highest cost (not the highest volume).

Name: When using the high-low method, the "high" point should be chosen as the data point with the highest cost (not the highest volume).
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Quizplus · Accepted Answer

The high-low method involves identifying the periods with the highest and lowest volumes of activity, not costs, to estimate the variable and fixed components of a cost.

When Using the High-Low Method, the "High" Point Should Be