Question: 8. Using the following data, apply the high-low method of cost analysis to the three cost data groups: Volume Hedwig Scabbers Crookshanks 4,000 $8,500

8. Using the following data, apply the high-low method of cost analysis

8. Using the following data, apply the high-low method of cost analysis to the three cost data groups: Volume Hedwig Scabbers Crookshanks 4,000 $8,500 $5,000 $14,000 6,000 $13,000 $11,000 $14,000 13,000 $20,000 $19,000 $14,000 30,000 $28,000 $37,500 $14,000 What cost behavior patterns are apparent for Hedwig? For Scabbers? For Crookshanks?

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