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:

Canyon Dental Services is a specialized dental practice whose only service is

Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months: Number of Cavities Month Filled Total Cost January 375 $ 5,400 February 400 5,350 March 600 6,200 April 625 6,150 May 475 5,800 June 650 6,050 July 300 5,050 August 675 6,550 September 425 5,650 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Canyon's total cost for filling 700 cavities.

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