Examlex
High-low and regression cost estimation methods are alike in that they both:
Sales Mix
refers to the proportion of different products or services that a company sells, impacting overall sales and profitability.
Bins
Containers or designated spaces used for storing inventory items in a structured manner.
Operating Leverage
A financial metric that measures the degree to which a firm or project can increase operating income by increasing revenue.
Variable Costs
Expenses that fluctuate based on the amount of output or the level of activity in a business.
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