The following information is available for a company's cost of sales over the last five months.
Use the high-low method to estimate the fixed and variable components of the cost of sales.

Question

The following information is available for a company's cost of sales over the last five months.
  Use the high-low method to estimate the fixed and variable components of the cost of sales.

Quizplus · Accepted Answer

The Answer of The following information is available for a company's cost of sales over the last five months.
  Use the high-low method to estimate the fixed and variable components of the cost of sales.

The Following Information Is Available for a Company's Cost of Sales