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Lola1 Lola1
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A year ago
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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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billbyebillbye
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A year ago
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Lola1 Author
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A year ago
Thanks
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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