Question: Why do mixed costs pose a problem when it comes to classifying costs into fixed and variable categories? What are the advantages of the scatterplot

  1. Why do mixed costs pose a problem when it comes to classifying costs into fixed and variable categories?
  2. What are the advantages of the scatterplot method over the high-low method? The high-low method over the scatterplot method?
  3. Explain the meaning of the learning curve. How do managers determine the appropriate learning curve percentage to use?

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