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The high-low method ______. Multiple select question. is preferable to least-squares regression is easy to apply may produce inaccurate results always uses data points that represent normal levels of activity

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One of the advantages of the High-Low method is that it is easy to use. The correct answer, thus, is B.

What is the High-Low method?

The High-Low method is one of the methods for estimating cost. The other method that is often compared with the same is Regression Analysis.

The High-Low method in determining the fixed and variable components of a company or an organizations' cost uses the following factors:

  • The cost at the highest level of activity  (A₁)
  • the cost at the lowest level of activity (A₂)
  • the number of units at the highest level of activity (B₁) and
  • the number of units at the lowest level of activity (B₂).

The formula, thus, is: Variable Cost Per Unit (X) = [tex]\frac{A2-A1}{B2-B1}[/tex]

See the link below to learn more about the High-Low method:
https://brainly.com/question/16415298

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