The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows: Resource Number of Moves Total Cost Forklift depreciation: Low 4,500 $1,800 High 14,500 1,800 Indirect labor: Low 4,500 $58,800 High 14,500 122,800 Fuel and oil for fordi Low 4,500 53,555 High 14,500 11,455 Required If required, round your answers to two decimal places Enter of required. 1. Determine the cost behavior formula of each resource. Use the high-low method to use the fixed and variable components Forklift depreciation V F YS Indirect labor Indirect labor: VS F Y + X Fuel and oil for forklift: V FS Y 2. Using your knowledge of cost behavior, predict the cost of each item for an activity output level of 11,000 moves. Forklift depreciation Indirect labor Fuel and oil for forklift 3. Construct a cost formula that can be used to predict the total cost of the three resources combined. If required, round your answers to two decimal places Materials handling cost- Using this formula, predict the total matenals handling cost of activity output is 11,000 moves. Y