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Which of the following statements related to cost estimation methods is true? Question 29 Not yet answered Marked out of 0.60 O a. The least-squares regression method is the most accurate and reliable method to determine the cost behavior compared to scatter-graph plot and high-low methods. O b. The scatter-graph method is used to derive an estimated line of cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. Oc. The most complex method of cost estimation is the high-low method. O d. Only high-low method has a slope and an intercept. O e. None of the given answers. Flag question Question 30 XYZ Company wishes to gain more market share. In order to do that, the company is planning to double the current production and sales quantity. However, due to high commission fees, the variable cost per unit is also expected to double. Assuming that the selling price per unit and fixed costs remain unchanged, what would be the effect on profit? Not yet answered Marked out of 0.60 P Flag question O a None of the given answers O b. Cannot be determined using the information in the question. O c. Profit would increase O d. Profit would decrease O e. Profit would remain unchanged