Which of the following statements is correct about the high-low method? Multiple Choice Generally, managers can obtain more accurate information from other methods of cost analysis that use a larger number of data points. The high-low method is effective for periods in which activity is particularly high or low, Generally, managers use the high-low method because it has no drawbacks or limitations The high-low method is complicated to apply. We generally need method. data points to get reliable regression results using the least-squares regression Multiple Choice as many as possible six to eight only two at least 20 If production volume does not equal sales volume: Multiple Choice the CVP analysis will always indicate a breakeven point that cannot be reached. the conclusions we draw from a CVP analysis will not be as sound as they would be if we assumed production equaled sales. we cannot use CVP, since an assumption is violated. we must adjust the CVP formulas for that fact to use CVP