When using the high-low method, the slope of the mixed cost line is fixed cost per unit.

Name: When using the high-low method, the slope of the mixed cost line is fixed cost per unit.
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Question

Quizplus · Accepted Answer

The slope of the mixed cost line represents the variable cost per unit, not the fixed cost per unit. The fixed cost per unit is determined by subtracting the variable cost per unit from the total cost per unit at either the high or low level of activity.

When Using the High-Low Method, the Slope of the Mixed