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Using the Following Data, Apply the High-Low Method of Cost

Question 24

Multiple Choice

Using the following data, apply the high-low method of cost analysis to the three cost data groups:
Using the following data, apply the high-low method of cost analysis to the three cost data groups:   What cost behavior patterns are apparent for each group? A)  Alpha = Variable, Beta = Mixed, Gamma = Fixed B)  Alpha = Mixed, Beta = Fixed, Gamma = Variable C)  Alpha = Variable, Beta = Fixed, Gamma = Mixed D)  Alpha = Fixed, Beta = Variable, Gamma = Mixed E)  Alpha = Mixed, Beta = Variable, Gamma = Fixed What cost behavior patterns are apparent for each group?


A) Alpha = Variable, Beta = Mixed, Gamma = Fixed
B) Alpha = Mixed, Beta = Fixed, Gamma = Variable
C) Alpha = Variable, Beta = Fixed, Gamma = Mixed
D) Alpha = Fixed, Beta = Variable, Gamma = Mixed
E) Alpha = Mixed, Beta = Variable, Gamma = Fixed

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