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 the past nine months: Number of Cavities Month January Filled Total Cost 625 $ 6,350 February 525 5,950 March 475 5,650 April 375 5,350 May 675 6,500 June 500 5,700 July 325 5,150 700 6,350 4501 5,450 August September 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 550 cavities. 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 < Required 1 Required 2 >