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 filling cavities. Mountain has recorded the following to the past nine months. Month

image text in transcribed
image text in transcribed
Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the following to the past nine months. Month January February March April May June July August September Number of Cavities Filled Total Cout 300 $5,000 600 6,150 575 6,350 450 5,400 525 6,150 550 6,050 625 6,300 325 5,200 400 5,200 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 425 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 Alled. (Round your Variable cost per unit to 2 decimal places.) Fred Cost Variable Cost per cavity filled Required 2 > Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the following for the past nine months: Number of Month Cavities Filled Total Cost January 300 $5,000 February 600 6.150 March 575 6,350 April 450 5.400 . 525 6,150 June 550 6,050 July 625 6,300 August 325 5,200 September 400 5,200 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 425 cavities. 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 425 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_2

Step: 3

blur-text-image_3

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

The Data And Analytics Playbook Proven Methods For Governed Data And Analytic Quality

Authors: Lowell Fryman, Gregory Lampshire, Dan Meers

1st Edition

0128023074, 978-0128023075

More Books

Students also viewed these Accounting questions

Question

Do you think physicians should have unions? Why or why not?

Answered: 1 week ago