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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
Put the following steps in order for using the high-low method of estimating a cost function:

   A = Identify the cost function
   B = Calculate the constant
   C = Calculate the slope coefficient
   D = Identify the highest and lowest observed values

A) D C A B
B) C D A B
C) A D C B
D) D C B A
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
This solved my problem perfectly, thank you for your kind input.
wrote...
#3
9 years ago
Cool! No problem.
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