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1: It is easy to use and understand.

2: It needs just two activity levels.

3: Anyone with some knowledge can use this method.

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15y ago
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1w ago

The high-low method can help identify fixed and variable costs within a data set. It is simple and easy to apply, making it a quick way to estimate costs without complex calculations. Additionally, it can provide a rough estimate of future costs based on past data.

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Q: What are the advantages of high-low method?
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