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part c i ment part B After graduating from dental school two years ago, Dr. Maria Miller purchased the dental practice of a long-time dentist
part c
i ment part B
After graduating from dental school two years ago, Dr. Maria Miller 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 In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist.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: Month Number of instruments used Total autoclave cost January 850 $6,485 February 750 5,900 March 920 6,935 950 7.370 April 1.150 8,140 May 900 6,878 June 8.055 1.050 July 7,316 975 August Your answer is correct. Identify the high and low points. Activity Level 8140 1150 High point 5900 750 Low point 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.) 5.60 $ per instrument Variable cost What is the fixed cost of the autoclave equipment? (Round answer to 2 decimal places, eg. 52.75.) $ Fixed cost e Textbook and Media Attempts: unlimited Submit Answer Save for Later Step by Step Solution
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