Multiple Choice
Which of the following formulas is used to calculate the variable rate in the high-low method?
A) Total Cost at High Point - (Fixed Rate × Output at High Point)
B) Total Cost at High Point - (Step Rate × Output at Low Point)
C) (High Point Cost - Low Point Cost) ÷ (High Point Output - Low Point Output)
D) (Absorption Point Cost - Margin Cost) ÷ (High Point Cost + Low Point Cost)
Correct Answer:
Verified
Correct Answer:
Verified
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