WebZiegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fixed cost. b. Based on part (a), estimate the total cost for 1,710 units of production. WebApr 12, 2024 · Furthermore, certain spatial transcriptomics methods might require the target genes to have either relatively high or low expression levels; for example, when using low-resolution detection...
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WebTranscribed image text: Lark Company, which uses the high-low method, had total costs of $27,340 at its lowest level of activity, when 7,100 units were sold. When, at its highest level of activity, sales equaled 12,900 units, total costs were $39,520. Lark would estimate fixed costs as: Previous question Next question WebHigh-Low Method. Question: Another approach to identifying fixed and variable costs for cost estimation purposes is the high-low method A method of cost analysis that uses the … forthaus tech
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WebThe high-low method is an accounting technique used to separate out fixed and variable costs in a limited set of data. It involves taking the highest level of activity and the lowest … WebThe fact that the high-low method uses only two data points is a major defect of the method. True Job-order costing would be more likely to be used than process costing in … WebSep 30, 2024 · The high-low method is a simpler method as it involves fewer calculations so long as you have the essential data, including the high and low points. You can also use … forthaus sondermaschinen