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Mixed Cost
A cost that contains both variable and fixed cost elements, changing in total with changes in the activity level but not proportionately.
High-low Method
A technique used in managerial accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
High-low Method
A technique used in cost accounting to determine the variable and fixed components of a cost by analyzing the highest and lowest activity levels.
R-squared
R-squared is a statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.
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