Cost Behavior Discussion

The FallSafe Parachute Factory has charged you to calculate itstotal costs for the preceeding six months. The company trusts your professional judgement, so you have the freedom to choose between using the high-low method or method of least squares. First, evaluate the advantages and disadvantages of each method using information from the text or examples from your own experience. Then, based on your observations, decide which method you would use and justify your response. Are there situations when you would deem the other method more appropriate?