Using high low method, what is the cost formula for the cost of operation? 5 points (3 points for the answer, 2 points for the solutions.) As part of the cost study, the cost accountant of Tox Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following Kilos of Materials Cost of Operations 80 P800.00 60 P480.00 20 P320.00 120 P1,200.00 140 P1,280.00 40 P480.00 100 P1,040.00 Your answerUsing least square method, what is the cost formula for the cost of 5 points operation? (3 points for the answer, 2 points for the solutions.) As part of the cost study, the cost accountant of Tox Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following Kilos of Materials Cost of Operations 80 P800.00 60 P480.00 20 P320.00 120 P1,200.00 140 P1,280.00 40 P480.00 100 P1,040.00 Your answer