Question: Using the following data, apply the high-low method of cost analysis to the three cost data groups: Volume Alpha Beta Gamma 2,000 $6,600 $2,400 $8,000
Using the following data, apply the high-low method of cost analysis to the three cost data groups:
| Volume | Alpha | Beta | Gamma |
|---|---|---|---|
| 2,000 | $6,600 | $2,400 | $8,000 |
| 6,000 | $9,800 | $7,000 | $8,000 |
| 13,000 | $13,000 | $12,000 | $8,000 |
| 20,000 | $21,000 | $24,000 | $8,000 |
What cost behavior patterns are apparent for Gamma?
Select one:
a. Fixed
b. Variable
c. Mixed
d. Semi-fixed
e. None of the above
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