Multiple Choice
When using the high-low method, the numerator of the equation that determines the slope is the ________.
A) difference between the positive and negative values of dependent and independent variables
B) difference between the fixed cost and variable cost associated with the cost driver
C) difference between the high and low observations of the cost driver
D) difference between the costs associated with highest and lowest observations of the cost driver
Correct Answer:
Verified
Correct Answer:
Verified
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