When planning and predicting costs at other volumes using a cost equation derived from either regression analysis or the high-low method, managers should consider general inflation. outliers. All of the answers in this list are correct. seasonality.

When planning and predicting costs at other volumes using a cost equation derived from either regression analysis or the high-low method, managers should consider general inflation. outliers. All of the answers in this list are correct. seasonality.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 6MC: What are some possible reasons for a material price variance? A. substandard material B. labor rate...

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Question

When planning and predicting costs at other volumes using a cost equation derived from either regression analysis or the high-low method, managers should consider

		general inflation.
		outliers.
		All of the answers in this list are correct.
		seasonality.

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