Three methods used for estimating the fixed and variable portions of a cost include: cost-cover graphs,the high-False - Three methods used for estimating the fixed and variable portions of a cost include scattergraphs,the high-low method and regression analysis.
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Q1: Discretionary fixed costs are fixed costs that
Q1: To estimate total cost using the high-low
Q2: A variable cost is one that varies
Q4: A scattergraph is simply a graph that
Q7: With a variable cost, as the level
Q10: Once you know how a particular cost
Q11: An example of a step cost is
Q17: Companies should reduce fixed costs whenever possible
Q19: Unlike the scattergraph, the high-low method requires
Q20: With a fixed cost,the cost per
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