Question: Please post so that half the answer isnt cut off. thanks! High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravina, Inc,


High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravina, Inc, monitored activities associated wat materials handling costs. The hugh and lew levels of resource usage octurred in September and March for three different resources associated with materais handing. The number of meves is the driver. The total costs of the three resources and the activity output, as measured br moves for the two different levels, are presented as follows: Required: If required, round vour answers to two decimal places. Enter a 0 if 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"ficed and vanable components: Forklift depreciation: Indirect labor: Fuel and oil for forklift: 2. Using your knowiedpe of coet behavioc, predict the cost of each itean for an ectivity output level of 9,000 mowes. 3. Construct a cost formula that can be used to oredict the total cost of the three resaurces cembined. If required, round your answers to two decimal places. Moterials handling coot 1 x+1x Using this formula, predict the total materias handling cost if activify, output is 9,000 mowes x
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