Mind map
High-Low Method
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High-Low Method
Y=mx+b
- Total cost= fixed +Variable
- (mixed costs are split between fixed and variable)
- High Y-Low Y
- High X- Low X
- = variable cost per activity
- *use point (x,y) to find fixed cost
- High Y-Low Y
- (mixed costs are split between fixed and variable)
- Total cost= fixed +Variable
r^2 is measure of the accuracy of the regression line
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- Description
- Business/Economics Mind Map on High-Low Method, created by Makenna Miller on 29/10/2024.
- Created by
- Makenna Miller
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