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High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs, The high and low Ievels of resource usage occurred in September and March for three different resources associated with materials handlino. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows: Kequired: If required, round your answers to two decimal places. Enter a " 0 " if required. 1. Determine the cost behavior formula of Dogh resource. Use the high-low method to assess the fixed and variable comporients. Forklift depreciation: Fuel and oil for forklift: x+1 F= x= 2. Using vour knowledge of cost behavior, bredict the cost of each item for an activity output level of 10,000 moves: 3. Construct a cost formula that can be used to predict the total cost of the three resources combined. If required, round your answers to two decimal places. Materials handling cost =$ Using this formula, predict the total materials handing cost if activity output is 10,000 moves. Y=$