High-Low Method, Cost Formulas Low The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. 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: Resource Number of Moves Total Cost Forklift depreciation 5,000 $3,100 High 16,000 3,100 Indirect labor: Low 5,000 $55,000 High 16,000 103,400 Fuel and oil for forklift: 5,000 $3,650 High 16,000 11,680 Low Required: If required, round your answers to two decimal places. Enter a "0" if required. 1. Determine the cost behavior formula of each resource. Use the high-low method to assess the fixed and variable components. Forklift depreciation: 0 3,100 3,100 Indirect labor: VS FS 4.4 X F $ 33,000 Y $ Fuel and oil for forklift: VS FS YS X