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Other Fields Homework Help Accounting Topic started by: Lola1 on Jan 18, 2023



Title: The high-low method differs from the scattergraph in that the high-low method
Post by: Lola1 on Jan 18, 2023
The high-low method differs from the scattergraph in that the high-low method

▸ requires only two data points — the lowest point of activity and the highest point of activity.

▸ uses a statistical technique to estimate the cost components.

▸ is simple to prepare and interpret whereas the scattergraph requires the use of statistical methods.

▸ is less costly than the scattergraph method.


Title: The high-low method differs from the scattergraph in that the high-low method
Post by: billbye on Jan 18, 2023
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