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Unformatted text preview: Describe two general methods of estimating the fixed and variable components of a mixed cost ( Account Analysis method and Engineering Approach ) pp. 198-199 6. Calculate an estimate of the fixed and variable components of a mixed cost under: Scattergraph approach and the High-Low Method . Understand the basis for the Least Squares Regression method of estimating these components and apply in an /Excel question (Excel Assignment #1) . Compare the three methods and the limitation inherent in all three methods in estimating cost components. Demonstration and Assignment Questions: P5-14, E5-4, E5-1, E5-3, E5-5 (review purposes), E5-7, E5-8, P5-15, P5-16, P5-17. RF 01/06...
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This note was uploaded on 03/03/2012 for the course ACCT 2460 taught by Professor Farrar during the Winter '12 term at Conestoga.
- Winter '12