Businesses use the high-low method of accounting when they want to accurately calculate the variable and fixed costs for a certain amount of sales. If a business finds that certain sales levels are ...
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How the High-Low Method Works and How to Calculate It
The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest ...
Many small businesses struggle with determining the correct prices for their items. If the items are priced too low, the business may sell a higher volume but reap less profit per unit. Depending on ...
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