Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mountain Dental Services is a specializea dental practice wnose only service is filling cavities, Mountain nas recorded the following for the past nine months: 5,750

image text in transcribedimage text in transcribed

Mountain Dental Services is a specializea dental practice wnose only service is filling cavities, Mountain nas recorded the following for the past nine months: 5,750 Month January February March April May June July August September Number of Cavities Filled 650 500 625 425 600 450 575 700 350 Total Cost 56,200 5,550 5,550 5,850 5,150 6,150 6.100 5,050 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 400 cavities. Answer is not complete. 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 $ s 4,100 3.00 (Required 1 Required 2 > June July August September 595 700 350 5.150 6,150 6.100 5,050 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 400 cavities Answer is not complete. Complete this question by entering your answers in the tabs below. Required: Required 2 Using these estimates, calculate Mountain's total cost for filling 400 cavities. Estimated Total Cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

New Perspectives In Accounting Ethics

Authors: Emerald Group Publishing Limited

23rd Edition

1785608673, 9781785608674

More Books

Students also viewed these Accounting questions

Question

Consider a M/G/1 system with E[S] Answered: 1 week ago

Answered: 1 week ago