Why is the least-squares regression method preferred to the highlow method when analyzing mixed costs?

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Why is the least-squares regression method preferred to the high–low method when analyzing mixed costs?

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Introduction to Managerial Accounting

ISBN: 978-1259105708

5th Canadian edition

Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

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Question Posted: Oct 11, 2019 01:37 PM

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Why is the least-squares regression method preferred to the highlow method when analyzing mixed costs?

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Introduction to Managerial Accounting

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