Asked by CECILIA SIOCO on May 09, 2024

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When using the high-low method for estimating cost behavior,the slope,or variable cost per unit,is calculated by ________.

High-Low Method

An accounting technique used to estimate the fixed and variable costs associated with producing goods or services by analyzing the highest and lowest levels of activity.

Variable Cost

Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in manufacturing.

  • Understand the principles and application of the high-low method in estimating cost behavior.
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GS
Gabriella SavinoMay 11, 2024
Final Answer :
change in cost divided by change in units (or volume)