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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
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 February Filled Total Cost 650 $ 6,200 500 5,750 March 625 5,550 April 425 5,550 May 600 5,850 June 450 5,150 July 575 6,150 August 700 350 6,100 5,050 September 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 400 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 Variahla cost nar cavity filled
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