Question
A high-low approach to establishing fixed and variable components of costs is most effective when information available is: a. Curvilinear. b. Erratic and highly fluctuating.
a. Curvilinear.
b. Erratic and highly fluctuating.
c. Outside of the relevant range.
d. Linear.
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
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