Examlex
Which of the following is the best tip for using IM more efficiently and effectively for business communication?
Mixed Cost
Expenses that contain both fixed and variable components, changing with the level of output or activity.
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.
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