Question: 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

 Mountain Dental Services is a specialized dental practice whose only service
is filling cavities. Mountain has recorded the following for the past nine

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 Cost 575 $6,350 375 5,200 600 6,250 300 5,150 550 6,000 450 5,650 700 6,350 475 5,850 500 5,850 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 650 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 $ 3.00 Required Required 2 > 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 Pilled Total cost 575 $6,350 375 5,200 600 6,250 300 5,150 550 6,000 450 5,650 700 6,350 475 5,850 500 5,850 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 650 cavities. Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Using these estimates, calculate Mountain's total cost for filling 650 cavities. Estimated Total Cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!