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What is the criticized of high low method?
It ignores much of the available data by concentrating on only the extreme points.
How do you calculate fixed cost and variable cost given total cost and quantity?
We can calculate using following methods 1 - High-Low method 2 - Regression analysis method 3 - Graphical method
When sales and cost is given how to calculate fixed cost?
1. Following are the methods to find fixed and variable costs if sales and cost is provided: 1 - High Low Method 2 - Scattered Diagram method 3 - Regression analysis method
What are the advantages and disadvantages of sum of the years digit method of depreciation?
jkijuli
Advantages of open account method of international trade transactions to importer?
they are risk free
What is High-low method of variable cost and fixed cost?
High and low method is the method for separating fixed cost and variable cost from mixed cost.
What are the limitations for high-low method in accounting?
churvaness
What are the limitations for high low method in accounting?
churvaness
What are the advantages of reducing balance method of depreciation?
Main advantage of using reducing balance method is that it uses the high value at start of life of asset while low value in later years when asset is not working at 100% capacity.
Is the high-low method less accurate than the least-squares regression method for analyzing the behavior of mixed cost?
The fact that the high-low method uses only two data points is a major defect of the method.
Define high low method?
The high-low method is a technique used to separate fixed and variable costs within a mixed cost. By comparing the highest and lowest activity levels and the corresponding total costs, this method allows you to estimate the fixed and variable components of a cost.
What are the advantages of injection compression molding?
Not high in fact very low
Advantages of monolithic and hybrid IC?
low cost high reliability
What is the simplest method to measure a linear cost function from past data?
high-low method
What are the advantages of sushi?
Low fats, high protein no carbohydrates, low in cholestrole
What are the advantages and disadvantages of deductive method?
the advantages of deductive method
What are the advantages of organization and method team?
advantages of organisation and method team
