based on the attached what is the answer? The high-low method and least-squares regression are used by managers toa. estimate costsOb. decide whether to make or buy a component partO. maximize outputO d. minimize corporate tax liability

There are different methods used for estimating costs. Two of those methods are high-low method and…

Answered: The high-low method and least-squares…

Business

Accounting

The high-low method and least-squares regression are used by managers to

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 15MC: The high-low method and least-squares regression are used by managers to _____________________. A....

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

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based on the attached what is the answer?

The high-low method and least-squares regression are used by managers to
a. estimate costs
Ob. decide whether to make or buy a component part
O. maximize output
O d. minimize corporate tax liability

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