When using the high-low method, the numerator of the equation that determines the slope is the 

• difference between the high and low observations of the cost driver 
• difference between the positive and negative values of dependent and independent variables 
• difference between the costs associated with highest and lowest observations of the cost driver 
• difference between the fixed cost and variable cost associated with the cost driver

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The highlow method compares the total cost by measuring highest level of a... View the full answer