A number of graphs displaying cost behavior patterns are shown below. The vertical axis on each graph represents total cost and the horizontal axis represents the level of activity (volume). 1 2 4...

How would a knowledge of cost behavior patterns such as those above be of help to a manager in analyzing the cost structure of his or her company?

Extracted text: A number of graphs displaying cost behavior patterns are shown below. The vertical axis on each graph represents total cost and the horizontal axis represents the level of activity (volume). 1 2 4 FPPE 7 8 10 11 12