What cost behavior patterns are apparent? Express each as a cost formula: Total cost = Fixed costs + (Variable cost x Volume).

Question 1 Not yet answered Marked out of 6.66 Flag question High-Low Method Apply the high-low method of cost analysis to the three cost data groups shown below. Volume (applicable to Group A Group B Group C each group) Costs Costs Costs 2,000 $6,240 $2,400 $5,760 12,000 30,240 14,400 5,760 39,840 19,200 5,760 49,440 24,000 5,760 16,000 20,000 What cost behavior patterns are apparent? Express each as a cost formula: Total cost = Fixed costs + (Variable cost x Volume). Group Fixed costs + (Variable cost x Volume) A $ + $ x Volume B $ + $ x Volume C $ + $ x Volume