Demonstrate an understanding of how to calculate fixed costs using the - 15587

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yousafbhutta

yousafbhutta

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Request Description

 

Demonstrate an understanding of how to calculate fixed costs using the high-low method, when a mixed cost and a variable cost are included in the analysis.

Solution Description

 

High-low method is a method of estimating costs based on two cost observation, usually costs at the highest activity level and costs at the lowest activity level.

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