What is the formula to calculate the variable rate of a mixed cost when using the high-low method?
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)
$\frac{\text { high point output - low point output }}{\text { high point cost - low point cost }}$
D)
$\frac{\text { high point cost - low point cost}}{\text {high point output - low point output }}$

Question

Quizplus · Accepted Answer

The high-low method calculates the variable rate by dividing the difference in costs by the difference in output between the high and low points.

What Is the Formula to Calculate the Variable Rate of a Mixed