Examlex
Which one of the following senses is a special sense?
Fixed Overhead Costs
Expenses that remain constant for a period of time irrespective of the level of outputs, like factory rent or salary of permanent employees.
High-low Method
A technique used in accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.
Electrical Cost
The expenses associated with the consumption of electricity by a company or facility.
High-low Method
A technique used in cost accounting to estimate cost behavior and predict future costs based on the highest and lowest levels of activity and their corresponding costs.
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