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 ...

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

How do fixed expenses differ from variable expenses? Here's a comparison of fixed expenses vs. variable expenses to help you budget efficiently.

By focusing on these extremes, the high-low method helps determine the variable cost per unit and the total fixed cost. This provides insight into how expenses fluctuate with production.