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.

Start by working out the total cost of producing or buying one unit of your product. This includes direct costs such as raw ...

Knowing the price per square foot can help you better determine how much you’re paying for a house or how much it will cost to upgrade your existing home. Here’s how to calculate a home’s ...