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    Managerial Accounting Study Set 23
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    Exam 5: Cost-Volume-Profit Relationships
  5. Question
    A Major Advantage of the High-Low Method of Cost Estimation
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A Major Advantage of the High-Low Method of Cost Estimation

Question 22

Question 22

True/False

A major advantage of the high-low method of cost estimation is that it omits all data from the analysis other than the lowest and highest costs.

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