Question: 17. Using the following data, apply the high-low method of cost analysis to the three cost data groups: Volume Alpha Beta Gamma 2,000 $8,000 $8,000

17. Using the following data, apply the high-low method of cost analysis to the three cost data groups: Volume Alpha Beta Gamma 2,000 $8,000 $8,000 6,000 13,000 20,000 $6,600 $9,800 $13,000 $21,000 $2,400 $7,000 $12,000 $24,000 $8,000 $8,000 What is the apparent total fixed cost for Alpha? A) $0 B) $1,000 C) $5,000 D) $6,600 E) $9,480

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