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The purpose of the high-low method is to Separate an overhead cost into its product and period components Separate a product cost into its materials

The purpose of the high-low method is to
  • Separate an overhead cost into its product and period components
  • Separate a product cost into its materials and overhead components
  • Separate a relevant cost into its direct and indirect components
  • Separate a mixed cost into its fixed and variable components

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