Regression Analysis vs Hi-Low Method : Use the data from Numberg, H. (1977) to calculate a regression analysis, and compare the results with the Hi-Low method. Based on your analysis, identify one advantage and one disadvantage of the two methods. Using Edgar, locate a service, merchandising, or manufacturing firm as the basis for your argument illustrating the merits for using the Hi-Low method. Respond to other students responses with a counter argument as to why the organization they selected should use the regression method to identify the variable cost per unit.

Nurnberg, H. (1977). An unrecognized ambiguity of the high-low method. Journal of Business Finance and Accounting, 4(4), 427-433 Document