Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mountain Dental Services is a specialized dental practice whose only service is filing cavities. Mountain has recorded the following for the past nine months Honth

image text in transcribed
image text in transcribed
image text in transcribed
Mountain Dental Services is a specialized dental practice whose only service is filing cavities. Mountain has recorded the following for the past nine months Honth January February March April Number of cavities illed Total cont 425 $5,400 450 5,650 575 6,350 600 6,250 350 5,050 6,350 500 5,650 475 5,800 400 5,300 675 May June July August September 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 525 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. (Round your Variable cost per unit to 2 decimal places.) Fixed Cost Variable Cost per cavity filled Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using these estimates, calculate Mountain's total cost for filling 525 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

Managerial Accounting

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

2nd edition

9780077493677, 78025516, 77493672, 9780077826482, 978-0078025518

More Books

Students also viewed these Accounting questions