The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

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 ...

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 ...