Question
Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months:
Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months: Number of Cavities Month January Filled Total Cost 475 $ 5,850 February 350 5,150 March 600 April 325 6,150 5,150 May 375 5,400 June 675 6,550 July 525 5,950 August 450 5,600 September 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 Canyon'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. Note: Round your Variable cost per unit to 2 decimal places. Fixed cost Variable cost per cavity filled Required t Required 2 >
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