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The following information has been provided from a company with regular and stable costs. The quantity and matching costs for the highest and lowest activity

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The following information has been provided from a company with regular and stable costs. The quantity and matching costs for the highest and lowest activity months are shown. High month total cost $1,340,550 Low month total cost $671,250 High Vol 10570 Low Vol 4750 Use the high low method to determine cost behaviour and then predict the cost 220 when the quantity produced in a period equals the number shown: Required: Using the high-low method to determine cost behaviour, make a cost prediction for the activity level shown in the box above

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