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The high-low method differs from the scattergraph in that the high-low method
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The high-low method differs from the scattergraph in that the high-low method
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.
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Managerial Accounting
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th
Author:
Davis
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requires only two data points — the lowest point of activity and the highest point of activity.
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Lola1
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Just got PERFECT on my quiz
Hellish Lover
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this is exactly what I needed
lubennick
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Smart ... Thanks!
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