The high-low method of cost analysis has some weaknesses, but under certain conditions it can be very

Question:

The high-low method of cost analysis has some weaknesses, but under certain conditions it can be very useful for determining cost behavior. Describe what is accomplished by analyzing costs using the high-low method, and discuss the conditions that should prevail in order to make the analysis reliable.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting

ISBN: 9780538817646

2nd Edition

Authors: Les Heitger, Pekin Ogan, Serge Matulich

Question Posted: