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The high-low method a. calculates variable costs per unit by dividing the difference in the...

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Accounting

The high-low method a. calculates variable costs per unit by dividing the difference in the high and low activity levels by the high and low costs. b. helps in determining the fixed and variable components of a mixed cost. c. gives accurate results of cost estimation, irrespective of the relevant range. d. is based on the premise that all data points are necessary to define a linear cost-volume relationship.

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