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A manufacturing company is searching for a method that helps to identify variable cost per unit and fixed cost. In the last meeting, one of
- A manufacturing company is searching for a method that helps to identify
variable cost per unit and fixed cost. In the last meeting, one of the
accountants suggested that High-low method should be considered. The
owner learns that you have completed a cost accounting course recently
and seeks your opinion.
Required:
Identify and discuss the possible challenges that management may face
when such method is implemented. (10 marks)
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