In cost accounting, the high-low method is a way of attempting to separate out fixed and variable costs given a limited amount of data. The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level. If the variable cost is a fixed charge per unit and fixed costs remain the same, it is possible to determine the fixed and variable costs by solving the system of equations.
1. Calculate variable cost per unit using the identified high and low activity levels
Variable cost = (Total cost of high activity – Total cost of low activity) / (Highest activity unit – Lowest activity unit)
((112,000 X .167) - (168,000 X .132)) / (168,000-112,000) = variable costs
2. Solve for fixed costs
To calculate the total fixed costs, plug either the high or low cost and the variable cost into the total cost formula.
It doesn't appear that you have enough information to answer this section. You need to know total cost to be able to answer this.
Total cost = (Variable cost per unit x units produced) + Total fixed cost
3. Construct total cost equation based on high-low calculations
Answer:
Deductive arguments have unassailable conclusions assuming all the premises are true, but inductive arguments simply have some measure of probability that the argument is true—based on the strength of the argument and the evidence to support it
Explanation:
Answer:
d) Sec. 179 deduction $900,000
Carryover $150,000
Explanation:
The amount of Susan allowable Sec. 179 deduction is $1,050,000 (cost of asset) but it is limited to her business income ($900,000)
Hence,
Sec. 179 deduction $900,000
Carryover $150,000
Cost-benefit principles can be applied to the decision of e: all of these.
This means that cost-benefit principles can be applied to the decision of the following:
Majority rule voting
which project receives the most votes
rational ignorance
profit maximizing firms
If Missy has never had her license suspended or revoked. No, Missy does not have a chance.
<h3>Whether Missy have a chance or not </h3>
Based on the point Missy is currently in her career she does not have a chance.
In order for her to be chosen or selected for to the post of a California Real Estate Commissioner by the governor, she must have possess a minimum of five years working experience as a real estate broker.
Therefore she does not have a chance.
Learn more about whether missy have a chance or not here:brainly.com/question/13370701
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