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)

Question

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)

Quizplus · Accepted Answer

The Answer of 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)

Using the High-Low Method, the Variable Rate of a Mixed