part A

After graduating from dental school two years ago, Dr. Sharon Lee purchased the dental practice of a long-time dentist who was retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist. Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dental instruments has changed, She has gathered the following information from her records: Identify the high and low points. Using the high-low method, what is the variable cost of sterilizing an instrument using the new equipment? (Round answer to 2 decimal places, eg. 52.75.) Variable cost per instrument