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Vlad [161]
3 years ago
5

LO 2.3Which of the following methods of cost estimation relies on only two data points?

Business
1 answer:
denis23 [38]3 years ago
7 0

Answer:

the high-low method

Explanation:

The high-low method -

It is the method used by comparing the total cost of the highest level of activity with the lowest level of activity , is referred to as the high - low method.  

This method is used in order to separate the fixed and variable costs for a limited amount of data .

Hence , this method compare the data of two points .

Therefore , the correct option from the given options is the high - low method.

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