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 ...

Fixed and variable expenses mean different things to the accountant. Fixed expenses remain unchanged in total throughout the year. These expenses decrease as production increases. Variable expenses ...

The high-low method is one of many ways an accountant can calculate the variable cost of producing a good or service. As is often the case with most accounting tools, the high-low method has ...