When analysing mixed costs with the high-low method,begin by identifying the period with the lowest level of activity and the period with the highest level of activity.

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Quizplus · Accepted Answer

This statement is true. The high-low method involves identifying the highest and lowest activity levels and their corresponding costs, and then using this information to determine the fixed and variable components of a mixed cost.

When Analysing Mixed Costs with the High-Low Method,begin by Identifying