The difference between the costs at the high and low levels of activity represents the fixed cost element of a mixed cost.

Name: The difference between the costs at the high and low levels of activity represents the fixed cost element of a mixed cost.
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Quizplus · Accepted Answer

The difference between the costs at the high and low levels of activity represents the variable cost element of a mixed cost, not the fixed cost. Fixed costs remain constant regardless of the level of activity.

The Difference Between the Costs at the High and Low