Question: Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months: Month

Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months:

Month Number of Cavities Filled Total Cost
January 475 $ 5,850
February 350 5,150
March 600 6,150
April 325 5,150
May 375 5,400
June 675 6,550
July 525 5,950
August 450 5,600
September 500 5,850

Required:

Use the high-low method to estimate total fixed cost and variable cost per cavity filled.

Using these estimates, calculate Canyons total cost for filling 300 cavities.

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