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  3. Study Set
    Managerial Accounting Study Set 21
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    Exam 4: Techniques for Estimating Fixed and Variable Costs
  5. Question
    The High-Low Method Uses Two Observations of Aggregate Cost Data
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The High-Low Method Uses Two Observations of Aggregate Cost Data

Question 34

Question 34

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The high-low method uses two observations of aggregate cost data to estimate total fixed costs and the unit variable cost.

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