Question: Using the high - low method produces a cost formula for expressing the total of a mixed cost at any level of activity, which is:

Using the high-low method produces a cost formula for expressing the total of a mixed cost at any level of activity, which is:
Total cost = Fixed cost x Volume of activity
Total cost = Fixed cost Variable rate
Total cost = Fixed cost - Variable cost
Total cost = Fixed cost + Variable cost
 Using the high-low method produces a cost formula for expressing the

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