Time left 1:59:33 Which of the following statements related to cost estimation methods is true? Question 1 Not yet answered Marked out of 0.60 O a. The most complex method of cost estimation is the high-low method. O b. 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. Oc. Only high-low method has a slope and an intercept. d. None of the given answers. ee. 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. Flag question Question 2 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 increase in production capacity, the fixed cost is also expected to double. Assuming that the selling price per unit and the variable cost per unit remain unchanged, what would be the effect on profit? Not yet answered Marked out of 0.60 Flag question O a. Cannot be determined using the information in the question O b. Profit would remain unchanged c. None of the given answers O d. Profit would decrease e. Profit would increase 113/10