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: MonthNumber
Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months:
MonthNumber of Cavities FilledTotal CostJanuary525$ 6,100February6506,000March5506,100April4755,850May4005,250June6256,400July6006,350August3005,000September7006,6001.Use the high-low method to estimate total fixed cost and variable cost per cavity filled.
2.Using these estimates, calculate Canyons total cost for filling 450 cavities.
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