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Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months: Month
Canyon Dental Services is a specialized dental practice whose only service is filling cavities.
Canyon has recorded the following for the past nine months: Month Number of Cavities Filled Total Cost January 300 $ 5,100 February 500 5,650 March 675 6,600 April 475 5,800 May 525 5,950 June 575 6,350 July 350 5,150 August 325 5,150 September 550 6,100
Use the high-low method to estimate total fixed cost and variable cost per cavity filled.
Using these estimates, calculate Canyons total cost for filling 600 cavities.
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