Create a scenario where using the high-low method results

Question

Post 1

• Explain the key points to consider when setting up a trust for a beneficiary to reduce the tax burden on the beneficiary. Provide a rationale to support your findings.
• Differentiate between two (2) types of trusts that you would consider for your own family. Identify the primary advantages and disadvantages of selecting each. Provide support for your findings.

Post 2 

• compare and contrast the cause and effect of at least one cost driver in the company you researched with a cost driver at a local company in your area.
• Determine the repercussions of selecting an incorrect cost driver on the local company you identified and provide an example to support your discussion.

Post 3

• Create a scenario where using the high-low method results in flawed decisions for pricing or performance evaluations.
• Determine the benefits of using the regression analysis in the scenario created above.