GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
4th Edition
ISBN: 9781259911682
Author: Eric Noreen
Publisher: McGraw-Hill Education
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Chapter 2, Problem 2.11Q
To determine

Concept introduction:

A mixed cost includes variable cost and fixed cost as its part. The high-low method is used to calculate the variable and fixed part of a mixed cost. Under this method, the high activity level cost and low-level cost are compared to calculate the variable and fixed part of the total mixed cost.

To indicate: the major disadvantage of the high-low method. 

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