fixed cost elements

valentino46
valentino46 Registered Posts: 124 Dedicated contributor 🦉
hi,

i have a task asking me to calculate costs etc at a new level of production, ive used the high /low technique so am familier with it for say 2 periods, can we use more than two periods in the technique as im given 3 months worth of costs etc

cheers

rob

Comments

  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Just ignore the middle value month
    The highest number of units (and cost) month
    less the lowest number of units (and cost) month
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • valentino46
    valentino46 Registered Posts: 124 Dedicated contributor 🦉
    thanks sandy, easier than i thought!!
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