When using the high-low method, should you base the high and low observations on the dependent variable

Question:

When using the high-low method, should you base the high and low observations on the dependent variable or on the cost driver?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0136126638

13th Edition

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

Question Posted: