When choosing the high point for the high-low method, how is the high point selected? a. The
Question:
When choosing the high point for the high-low method, how is the high point selected?
a. The point with the highest total cost is chosen.
b. The point with the highest volume of activity is chosen.
c. The point that has the highest cost and highest volume of activity is always chosen.
d. Both the high point and the low point are selected at random.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
b The point ...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
A Mechanical Design Company produces an innovative design of Battery used for electric cars. The standard design of producing one(1) unit of Battery is provided in the bill of materials BOM which...
-
MULTIPLE-CHOICE QUESTIONS 1. Which of the following is not an activity associated with the acquisition and payment cycle? a. Receive a customer purchase order. b. Purchase of goods and services. c....
-
Choose any real-time operating system (RTOS). Then, you have to explore its features and functions. Choose 5 functions in any implementation and explain their use in terms of inputs and outputs. In...
-
Benchmarking of eco-efficiency indicators faces a number of practical problems. What are these? Can they be overcome? Why is internal benchmarking more common than external benchmarking?
-
A government data processing center has been plagued in recent years by complaints from employees of back pain. Consultants have estimated that upgrading office furniture at a net cost of $430,000...
-
Suppose you have 3 assets with N-day arithmetic returns that obey a multivariate normal distribution rN N30; N where N = ErNrT N = 24 N2 1 N1212 N1313 N1212 N22 N2323 N1313 N2323 N32 35 where 1 =...
-
Mike Curtains, a Registered Tax Agent, attends to the tax affairs of Frodo West. In preparing Frodo's 2021/22 income tax return, the following occurred: Frodo attended a meeting with Mike in August...
-
What is the advantage of using regression analysis to determine the cost equation? a. The method is objective. b. All data points are used to calculate the terms for the cost equation. c. Regression...
-
Which method helps managers visualize the relationship between the cost and the total volume of the activity? a. Variance analysis b. Outlier c. Scatterplot d. Account analysis
-
Shuana works as a lawyer for a large law firm where professional dress is expected. Her friend, Carissa, is a nurse at a local hospital. Shuana spends $1,500 a year on clothing, shoes, and...
-
What is the biggest mistake that many organizations make when using the top-down approach?
-
Describe a benefits management framework and list five aspects of it.
-
What are the main differences between the agile and waterfall approaches?
-
What are some of the common pitfalls with regard to BPM methodologies?
-
A trader at Credit Suisse First Boston is speculating on the movement of the Swedish krona (SEK). She is prepared to invest US$10 million in the transaction. The current spot rate between the krona...
-
Assume that the following ANOVA table came from balanced two-way fixed-effects ANOVA. Show the formula used (with numbers filled in) and the numerical value of each letter in the table. Also,...
-
Which one of the following anhydrous chloride is not obtained on direct heating of its hydrated chloride? (A) BaCl2 (B) CaClz (C) MgCl2 (D) SrCl2
-
Hang Ten produces sports socks. The company has fixed expenses of $ 80,000 and variable expenses of $ 0.80 per package. Each package sells for $ 1.60. Requirements 1. Compute the contribution margin...
-
Refer to Hang Ten in E7- 40B. If Hang Ten can decrease its variable costs to $ 0.60 per package by increasing its fixed costs to $ 95,000, how many packages will it have to sell to generate $ 25,000...
-
Owner Kay Fay is considering franchising her Noodles Galore restaurant concept. She believes people will pay $ 6.25 for a large bowl of noodles. Variable costs are $ 2.50 a bowl. Fay estimates...
-
Taballa Ltd owns all the share capital of Amaroo Ltd . The income tax rate is 3 0 % . The following transactions took place during the periods ended 3 0 June 2 0 2 3 or 3 0 June 2 0 2 4 . ( a ) On 1...
-
Ali's wage W is his only source of income. He is considering buying health insurance for the year. Ali can be in 3 different health states (denoted by j = 1,2,3) at the end of the period. The...
-
Please find your best capacity level and price. (You can try out different capacity levels and prices to find the best one. To speed the process, consider only multiples of 5 for capacity. Hint: Try...
Study smarter with the SolutionInn App