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  3. which of the following statements is true? the hig

Which of the following statements is true? The highest and lowest costs are always used...

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Accounting

Which of the following statements is true? The highest and lowest costs are always used to analyze a mixed cost under the high-low method. The high and low points used in the high-low method tend to be unusual and therefore the cost formula for the mixed cost may not accurately represent all of the data.

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