Questions: high-low

high-low
Transcript text: high-low
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Solution

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The answer is: high-low

Explanation: The high-low approach is a method used to estimate the fixed and variable components of a mixed cost. This method involves analyzing the highest and lowest levels of activity and their corresponding total costs to determine the variable cost per unit and the fixed cost. By using the high and low points, one can derive the cost behavior and separate the mixed cost into its fixed and variable components.

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