1) All of the following are steps of the high-low method except:

Select one:

a.calculating the fixed cost per unit.

b.None of the answer choices is correct.

c.stating the results in equation form Y = f + vX.

d.identifying the high and low activity data points.

e.calculating the variable cost per unit.

2) All of the following are steps for using the scattergraph method except:

Select one:

a.None of the answer choices is correct.

b.visually fitting a line to the data points, with at least one data point touching the line.

c.identifying the high and low activity data points.

d.estimating the total fixed costs.

e.plotting the data points for each period on a graph.