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50. A disadvantage of the high-low method of cost analysis is that it a. typically results in totally inaccurate cost formulae. b. is too time

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50. A disadvantage of the high-low method of cost analysis is that it a. typically results in totally inaccurate cost formulae. b. is too time consuming to apply. C. uses two extreme data points, which may not be representative of normal conditions. 1. relies totally on the judgment of the person performing the cost analysis

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