Using the high-low method,the fixed portion of the electrical cost each month would be?
A) $190.
B) $280.
C) $400.
D) $760.

Name: Using the high-low method,the fixed portion of the electrical cost each month would be? A) $190. B) $280. C) $400. D) $760.
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Question

Quizplus · Accepted Answer

The high-low method calculates the fixed cost by taking the total cost at the highest activity level and subtracting the variable cost (variable rate multiplied by the highest activity level). The remaining cost is the fixed portion.

Using the High-Low Method,the Fixed Portion of the Electrical Cost