E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for past nine months: Month January February March April May June July August September Number of Cavities Filled 575 625 700 600 525 375 475 350 400 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 450 cavities. Total Cost $ 6,350 6,250 6,400 6,250 6,150 5,400 5,800 5,000 5,400 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the high-low method to estimate total fixed cost and variable cost per cavity filled. Note: Round your Variable cost per unit to 2 decimal places. Fixed cost Variable cost per cavity filled

E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following fo past nine months: 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 450 cavities. Complete this question by entering your answers in the tabs below. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. Note: Round your Variable cost per unit to 2 decimal places