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3 value: 2.00 points E5-5 Estimating Cost Behavior Using High-Low Method [LO 5-3] Mountain Dental Services is a specialized dental practice whose only service is
3 value: 2.00 points E5-5 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 425 450 575 600 350 675 500 475 400 Total Cost $5,400 5,650 6,350 6,250 5,050 6,350 5,650 5,800 5,300 Required 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. (Round your answers to 2 decimal places.) Fixed Cost 3,650 Variable Cost per Unit 2. Using these estimates, calculate Mountain's total cost for filling 525 cavities. Estimated Total Cost
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