Examlex
Evaluate the expression.
High-low Method
A technique used in managerial accounting to estimate variable and fixed cost components of a cost formula, using the highest and lowest levels of activity.
Electrical Cost
Expenses associated with the consumption of electricity by a company, home, or another facility, impacting operational budgets.
Fixed Portion
The part of a cost or expense that remains constant regardless of changes in the level of activity or volume of production.
Variable Selling
Selling expenses that change in proportion to the volume of sales, such as commissions.
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