Which statement is true regarding the high low method? The high low method uses at least 10 data points in the calculations for change in cost divided by change in activity, The high low method is considered an easy way to separate a mixed cost into its fixed and variable components. o The high low method uses the change in activity divided by the change in cost to compute variable cost per unit. The high low method uses mixed cost plus total variable cost to calculate fixed cost. Which of the following is an assumption for CVP (Cost Volume Profit) analysis? There are no changes in inventory levels. The only factor that affects total costs is a change in volume. The price per unit does not change as volume changes. All of the above are assumptions in CVP analysis. Based on the following what is the Contribution Margin Ratio? Sell Price per unit Variable Cost per unit Fixed Costs in total 54.5% 20.0% $110 $50 $30,000 $60 O 145%