Solved

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

Question 5

Multiple Choice

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)
C) 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)  C)    D)
D) 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)  C)    D)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions