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Apply the high-low method of cost analysis to the three cost groups below. Then answer the following for each group: 1) Variable Cost per

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Apply the high-low method of cost analysis to the three cost groups below. Then answer the following for each group: 1) Variable Cost per Unit, 2) Fixed Cost Portion, and 3) whether the cost is a variable, fixed, or mixed. Costs per Level of Production Volume (Applicable to each group) Group A Costs Group B Costs Group C Costs 2,000 $2,600 $1,000 $2,400 12,000 $12,600 $6,000 $2,400 16,000 $16,600 $8,000 $2,400 20,000 $20,600 $10,000 $2,400 If the answer is zero make sure you input 0 When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. Group Responses Variable Cost Per Unit Fixed Cost Portion Variable/Fixed/ Mixed Group A Costs $ 1 $ Group B Costs $ 2 Group C Costs 0

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