Question: Which of the following methods for estimating the variable and fixed elements of a mixed cost relies on an evaluation of factors such as production

Which of the following methods for estimating the variable and fixed elements of a mixed cost relies on an evaluation of factors such as production methods, materials specifications, labor requirements, equipment usage, and production efficiency?

Multiple Choice

  • Engineering approach

  • Least-squares regression

  • Account analysis

  • High-low method

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