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 cavities. Mountain has recorded the following for the past nine months Number of Cavitles Filled 475 Month January February March Apr May June July August September 350 603 325 325 675 525 450 Total Cost $5,850 5,156 6,158 5,150 5,400 6,550 5,950 5,600 5,850 500 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 300 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 Cont per cavity billed 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 cavities Mountain has recorded the following for the past nine months 600 Number of Cavities Month Filled January 475 February 350 March April 325 May 375 June 675 July 525 August 450 September Total Cost $5,850 5,150 6,150 5,158 5,480 6.550 5,950 5,600 5,850 500 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 300 cavities Complete this question by entering your answers in the tabs below. Required: Required 2 Using these estimates, calculate Mountain's total cost for filling 300 cavities. Estimated Total Cost
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