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10/30/23, 9:12 AM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4637633&cmid=1260602&page=7 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHB - Nardi / CHAPTER 4 - Cost-Volume-Profit Analysis / Chapter 4 Quiz Question 8 Correct Mark 1.00 out of 1.00 Which of the following statements is true regarding mixed costs? Select one: a. Mixed costs contain only fixed costs. b. Mixed costs can be separated using the high-low or least-square regression methods and contain both a fixed and a variable portion.  c. Mixed costs cannot be separated using the high-low method. d. Mixed costs contain only variable costs. Your answer is correct. Explanation: High-low and least-square regression methods can be used to calculate mixed costs. Mixed costs contain both variable and fixed costs. The correct answer is: Mixed costs can be separated using the high-low or least-square regression methods and contain both a fixed and a variable portion.

10/30/23, 9:12 AM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4637633&cmid=1260602&page=7 2/2

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