Question: 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

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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