The highlow method of analyzing mixed costs uses only two observation points: the high and the low

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The high–low method of analyzing mixed costs uses only two observation points: the high and the low points of activity. Are these always the best points for prediction purposes? Why or why not?

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Question Posted: Jul 24, 2012 02:29 AM

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The highlow method of analyzing mixed costs uses only two observation points: the high and the low

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No these are not always the best points of observation First t...View the full answer

Cost Accounting Foundations and Evolutions

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