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The high-low method provides a reasonable estimate of the fixed and variable costs as long as: A) the high and low points reflect the general
The high-low method provides a reasonable estimate of the fixed and variable costs as long as:
A) the high and low points reflect the general trend of the data.
B) the high and low points for both activity and total fixed costs are the same.
C) at least one of the two points falls within the relevant range.
D) it uses eight or more points (instead of simply two).
it uses eight or more points (instead of simply two).
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