The high-low method is a quick means of separating fixed and variable costs.

Name: The high-low method is a quick means of separating fixed and variable costs.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

The high-low method involves using the highest and lowest activity levels to estimate the variable and fixed costs components of a mixed cost. This method is often used as a quick and simple way to analyze cost behavior patterns, and to separate fixed and variable costs.

The High-Low Method Is a Quick Means of Separating Fixed