What is the fixed cost per month using the high-low method to estimate the cost equation?
A)$570.
B)$600.
C)$1,140.
D)$2,250.

Name: What is the fixed cost per month using the high-low method to estimate the cost equation? A)$570. B)$600. C)$1,140. D)$2,250.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

The high-low method calculates fixed costs by taking the total cost at the highest activity level minus the variable cost at that level. The fixed cost is $570.

What Is the Fixed Cost Per Month Using the High-Low