Question: The high - low method is criticized because it q , ignores much of the available data by concentrating on only the extreme points. doesn't

The high-low method is criticized because it q,
ignores much of the available data by concentrating on only the extreme points.
doesn't provide reasonable estimates.
is not a graphical method.
is a mathematical method.
The high-low method is criticized because it q, ignores much of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

the high low method of determining the fixed and variable components of a mixed cost is criticized because it : - is not a graphical method - ignores much of the available data by concentrating on...

Q:

Frazier Manufacturing Company collected the following production data for the past month: If the high-low method is used, what is the monthly total cost equation? A)Total cost = $ 11,000 + $20/unit...

Q:

The high-low method is criticized because it Question 7 The high-low method is criticized because it ignores much of the available data by concentrating on only the extreme points. doesn't provide...

Q:

33) Sonoma Winery has fixed costs of $12,000 per year. Its warehouse sells wine with variable costs of 80% of its unit selling price. How much in sales does Sonoma need to break even per year? Answer...

Q:

12. Cost activity indexes might help classify costs as Question 12 options: permanent. transient. temporary. variable. 14. Firms operating at 100% capacity Question 14 options: have no fixed costs....

Q:

Please Provide a 2 to 3 page article review for each, there attached on this question. Your discussion should include a brief summary (including the big ideas or major points of the article) along...

Q:

J Quant Criminol (2010) 26:509-525 DOI 10.1007/s10940-010-9119-1 ORIGINAL PAPER The Development and Impact of Self-Report Measures of Crime and Delinquency Marvin D. Krohn Terence P. Thornberry Chris...

Q:

Your discussion should include a brief summary (including the big ideas or major points of the article) along with some synthesis of the ideas and some of your own thoughts. You should draw any...

Q:

24.Since overhead costs are indirect costs, (2 Points) A.they require some process of allocation. B.they cannot be allocated. C.they can be easily traced to production. D.a predetermined overhead...

Q:

Commentary Beyond Black Box Epidemiology Douglas L. Weed, MD, PhD "Black box epidemiology" is the most recent addition to a long list of disciplinary subgroups although few practitioners would likely...

Q:

Would you rather work for a supervisor high in need for achievement, need for affiliation, or need for power? Why? What are the advantages and disadvantages of each?

Q:

EnCana Corporation, a large Canadian oil and gas company, reported net income of US$ 393 million (EnCana reports in U. S. dollars) for its third quarter, 2004. This compares with net income of $ 290...

Q:

Titan Technology can issue bonds in Costa Rica with a par value of 6 0 million Costa Rican colones ( CRC ) , a five percent coupon rate, and priced at par ( 1 0 0 % of par value ) . Titan Technology...

Q:

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...