Using the high-low method,the variable rate of a mixed cost equals
A) total cost at high point - (variable rate ´ output at high point)
B) total cost at high point - (variable rate ´ output at low point)
C)
D)
Correct Answer:
Verified
Q62: When a mixed cost is graphed the
Q65: The high-low method:
A) is the most accurate
Q73: If a cost's step-cost behavior follows very
Q83: Figure 3-1. Total cost = Fixed cost
Q85: Figure 3-1. Total cost = Fixed cost
Q86: Figure 3-1. Total cost = Fixed cost
Q90: The scatter-graph method
A) allows a cost analyst
Q91: A mixed cost
A)remains constant when the output
Q92: Figure 3-1. Total cost = Fixed cost
Q175: Ruskin Company had utilities cost of $95,000
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents