**Managerial Accounting Chapter 2 Flashcards Quizlet**

There are many different ways to use this concept. Letâ€™s take a look at a few of them as well as an example of how to calculate break-even point. Formula. The break-even point formula is calculated by dividing the total fixed costs of production by the price per unit less the variable costs to produce the product. Since the price per unit minus the variable costs of product is the definition... Determine the fixed and variable portion of the utility cost using the high-low method. This is what I came up with, is this correct? $200. Fixed cost and a .10 per unit variable cost.

**A202 Chapter 2 Flashcards Quizlet**

Determine the fixed and variable portion of the utility cost using the high-low method. This is what I came up with, is this correct? $200. Fixed cost and a .10 per unit variable cost.... Determine the fixed and variable portion of the utility cost using the high-low method. This is what I came up with, is this correct? $200. Fixed cost and a .10 per unit variable cost.

**Tutorial swlearning.com**

The variable cost per unit or slope is computed using any two data points in the line of best fit. Let us use coordinates that we can easily determine: x=0, y=12,000 and x=900, y=36,000 (approximately).... Determine the fixed and variable portion of the utility cost using the high-low method. Round the per unit cost to the nearest cent. Round the per unit cost to the nearest cent. At High Point

**Managerial Accounting Chapter 2 Flashcards Quizlet**

There are many different ways to use this concept. Letâ€™s take a look at a few of them as well as an example of how to calculate break-even point. Formula. The break-even point formula is calculated by dividing the total fixed costs of production by the price per unit less the variable costs to produce the product. Since the price per unit minus the variable costs of product is the definition... 21/09/2017Â Â· High-low method helps to determine variable and fixed part of the cost because it is based on the assumption that for all the quantities regarded fixed and variable part PER UNIT remains the same. If thre is any change in fixed or variable cost per unit then high-low wonâ€™t give correct results, unless that change is adjusted.

## How To Find Fixed Cost Per Unit Using High-low Method

### Solved Other Information Needed To Complete 1. Determine

- Solved Other Information Needed To Complete 1. Determine
- Using the high low method compute the variable cost per
- Use the highlow method to calculate the variable cost per
- Solved Other Information Needed To Complete 1. Determine

## How To Find Fixed Cost Per Unit Using High-low Method

### Calculate the fixed cost by substitution, using either the high or low activity level. Fixed cost = Total cost at activity level - Total variable cost . Step 4 . Use the total fixed cost and the variable cost per unit values (steps 2 and 3) to calculate the estimated cost at different activity levels. Illustration - Applying the high low method. Assumptions . Assumptions of the high low method

- Determine the fixed and variable portion of the utility cost using the high-low method. Round the per unit cost to the nearest cent. Round the per unit cost to the nearest cent. At High Point
- Utilities cost $1,000 per month plus $0.10 per unit manufactured Fixed Costs = $1,000 per month. Variable Costs = $0.10 per unit produced. Materials cost is $0.75 per unit Variable Costs = $0.75 per unit produced (under GAAP this will go into inventory until sold and then show up in the Cost of Goods Sold â€“ I am going to ignore that in this example and recognize the cost as we use the
- High-low point method is a technique used to divide a mixed cost into its variable and fixed components. Sometimes it is necessary to determine the fixed and variable components of a mixed cost â€¦
- Definition: The high-low method is a technique managerial accountants use to estimate the mixed production costs at various levels of production by calculating the variable cost rate and total fixed costs.

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