Question: E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3) Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain

 E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3) Mountain
Dental Services is a specialized dental practice whose only service is filling

E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3) Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the following for the past nine months Month January February March April May June July August September Number of cavities Filled Total Cont 300 $5,100 375 5,300 625 6,350 400 5,200 650 6,300 600 6,300 350 5,000 675 6,300 550 6,000 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Mountain's total cost for filling 700 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 (Round your Variable cost per unit to 2 decimal places.) Fixed Cost Variable Cost per cavity filled 3 Raquina Required 2 > E5-7 (Algo) Estimating Cost Behavior Using High-Low Method (LO 5-3) Mountain Dental Services is a specialized dental practice whose only service is filling cavitles. Mountain has recorded the following for the past nine months Namber of Month Cavities Filled Total Coat January 300 $5,100 February 375 5,300 March 625 6,350 April 400 5,200 May 650 6,300 June 6,300 July 350 5,000 August 675 6,300 September 550 6,000 600 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Mountain's total cost for filling 700 cavities. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using these estimates, calculate Mountain's total cost for filling 700 cavities. Estimated Total Cost Required 1 Records

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