Wilson Company's activity for the first six months of the current year is as follows:

-Using the high-low method,what is the variable cost per machine hour?

Question

Wilson Company's activity for the first six months of the current year is as follows:

-Using the high-low method,what is the variable cost per machine hour?

Quizplus · Accepted Answer

The high-low method calculates the variable cost per unit by taking the difference in total costs between the highest and lowest activity levels and dividing it by the difference in activity levels.

Wilson Company's Activity for the First Six Months of the Current