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E5-7 (Algo) 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
E5-7 (Algo) 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: ences Number of Month Cavities Falled Total Cost January 300 $5,200 Tebruary 500 5,650 March 550 6,000 April 700 6,400 May 475 5.850 June 425 5.400 July 5,200 August 575 6.200 September 400 5,350 350 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Mountain's total cost for filling 450 cavities. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Swed Help Save Ch5 Homework 11 February March April May 500 550 700 475 425 350 575 400 5.650 6,000 6,400 5,850 5.400 5,200 6,200 5,350 1 points July August Septenber eBook Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled 2. Using these estimates, calculate Mountain's total cost for filling 450 cavities. References 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. (Round your Variable cost per unit to 2 decimal places.) Fixed Cost Variable Cost per cavity filled Required 2 > 11 February March April May June July August September 500 550 700 475 425 5,650 6,000 6,400 5,850 5,400 5,200 6,200 5,350 350 575 400 Book Hint Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled, 2. Using these estimates, calculate Mountain's total cost for filling 450 cavities. ferences Complete this question by entering your answers in the tabs below. Required 1 Requid 2 Using these estimates, calculate Mountain's total cost for filling 450 cavities. Estimated Total Cost
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