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Commerce · Q439

Costing

Graduate and Post Graduate · Commerce · question 439

Q439

Most frequently used methods of quantitative analysis include

A.
variable equation
B.
high low method
Answer
C.
low high method
D.
constant equation

Answer: Option B

Solution

Answer: Option B
Solution:
Most frequently used methods of quantitative analysis include high low method. The high low method and regression analysis are the two main cost estimation methods used to estimate the amounts of fixed and variable costs.