Question: 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
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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: 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 400 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. Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the 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 400 cavities. Complete this question by entering your answers in the tabs below. Using these estimates, calculate Canyon's total cost for filling 400 cavities
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