Question: Why does the high-low method use the high-low activity levels instead of the high-low cost levels?

Why does the high-low method use the high-low activity levels instead of the high-low cost levels?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The highlow activity levels are usedinstead of t... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

Why does the high-low method use the high-low activity levels instead of the high-low cost levels?

Q:

Campus Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered: Copy Machine Month Repair...

Q:

Campus Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered: Required Determine the...

Q:

Question 9 (Q10) Campus Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered: Copy...

Q:

Campus Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered: Determine the fixed and...

Q:

Discussion Questions: 1- What is the formula for a mixed cost? Identify the term for variable and fixed costs. 2- Why does the high-low method use the highest and lowest activity levels instead of...

Q:

Please help with my three Managerial Accounting questions. File attached below (please show necessary calculation in order for me to follow along) Thank you! Question 3 - Cost Behaviour Megan...

Q:

Hello if possible i also need these five questions answered as well. i will update price. #7,9,13,16,17. Student ID: 22039100 Exam: 061400RR - Cost Concepts and Types of Costing When you have...

Q:

Hello if possible i also need these five questions answered as well. i will update price. #7,9,13,16,17. Student ID: 22039100 Exam: 061400RR - Cost Concepts and Types of Costing When you have...

Q:

Top of Form Question 1 (1 point) A responsibility center that incurscosts (and expenses) and generates revenues is classified as a(n): Question 1 options: revenue center. investment center. cost...

Q:

Of those people who lose weight on a diet, 90% gain all the weight back. In a random sample of 12 dieters who have lost weight, what is the probability of each of the following? a. All 12 gain the...

Q:

A 100-L rigid tank contains carbon dioxide gas at 1 MPa, 300 K. A valve is cracked open, and carbon dioxide escapes slowly until the tank pressure has dropped to 500 kPa. At this point the valve is...

Q:

Over the past 7 5 year period stocks have provided average annual returns of approximately 2 to 5 % 4 to 8 % 8 to 1 0 % 1 8 to 2 0 %

Q:

Derive Equation 23.11 for the field E dipole in the plane that bisects an electric dipole. Equation 23.11:

Q:

Ainsley Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Required: Compute the cost per equivalent unit for materials,...

Q:

Faber Brot is a bread-baking company located in Aachen, Germany, near the Dutch border. The company uses a process costing system for its single producta popular pumper-nickel bread. Faber Brot has...

Q:

Healthcheck Corp. manufactures an antacid product that passes through two departments. Data for June for the first department follow: The beginning work in process inventory was 80% complete with...

Q:

Required information [The following information applies to the questions displayed below.] Vintage Company reports the following information. Direct materials Direct labor Units produced Variable...

Q:

The amount should be $1,000 since one month of rent has expired. Question 7 0.1 pts The company purchases equipment for $60,000 on August 1, 2016. The equipment will be useful for 10 years. The...

Q:

Bramble Eyewear manufactures discount eyeglasses. The company is trying to determine the amount of plastic material used in production during the current year. The inventory manager has in his...