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 ...

Elizabeth is a freelance contributor to Newsweek’s personal finance team, with a focus on insurance. She has more than four years of experience covering insurance and has written hundreds of articles ...

Budgeting, quite simply, is the act of spending your money efficiently. The importance of budgeting cannot be overemphasized, and whether you’re looking at your individual finances or running a ...