CH 5 PAGE 2&3

Canyon Dental Services is a specialized dental practice whose only service is filling cavities. Canyon has recorded the following for the past nine months: 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 500 cavities. Complete this question by entering your answers in the tabs below. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 1. Laicuiate ine unit contribution margin ana contribution margn rato ror eacn diradatn soid. 2. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,30 Complete this question by entering your answers in the tabs below. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units Required information [The following information applies to the questions displayed below] Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units it produces each month. The relevant range is 0 to 1,500 units, and monthly production costs for the production of 1,100 units follow. Morning Dove's utlities and maintenance costs are mixed with the fixed components shown in parentheses. Suppose it sells each birdbath for $30. Required: 1. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. 2. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units. Complete this question by entering your answers in the tabs below. 1. Laicuate the unit contribution margin and contridution margin ratio ior eacn Diradath soio. 2. Complete the contribution margin income statement assuming that Morning Dove produces and sells 1,300 units. Complete this question by entering your answers in the tabs below. Calculate the unit contribution margin and contribution margin ratio for each birdbath sold. Note: Round your intermediate calculations and final answer to 2 decimal places. Enter all amounts as positive values. past nine months: 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 500 cavities. Complete this question by entering your answers in the tabs below. Using these estimates; calculate Canyon's total cost for filling 500 cavities