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Which of the following are NOT energy reserves?
High-Low Method
A technique used in managerial accounting to estimate fixed and variable costs associated with production by analyzing the highest and lowest levels of activity.
Mixed Costs
Expenses that contain both fixed and variable components, changing in total with the level of activity but also containing a constant component.
Variable Cost
Variable costs are expenses that vary directly with the level of production or sales volume, such as materials and labor costs.
High-Low Data
A method used in various analyses that involves observing the highest and lowest data points to assess trends or calculate variables.
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