In accounting, to find the average cost, divide the sum of variable costs and fixed costs by the quantity of units produced. it is also a me...
![How To Calculate Variable Costs Using The Smallest Quadratic Method How To Calculate Variable Costs Using The Smallest Quadratic Method](https://cdn.educba.com/academy/wp-content/uploads/2019/04/High-Low-Method-Example-1-1-300x275.jpg)
Accounting methods and accounting standards are typically defined within your accounting manual, a key component of your accounting system.