Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Saved E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Mountain Dental Services is a specialized dental practice whose only service is filling cavities.

Saved E5-7 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] 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 Cavities Month January Filled Total Cost 450 $5,250 February 575 6,250. March 700 6,500 April 300 5,300 May 500 5,950 June 350 5,300 July 600 5,600 August 675 6,500 September 425 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 400 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> References 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 Complete this question by entering your answers in the tabs below. Required 1 Required Using these estimates, calculate Mountain's total cost for filing 400 cavities Estimated Tital Cost Mc Graw > ily Duties: (Set) Side Jobs (Can Change) mecards -Adjust of mendes Research how to put Strille My Worth Phone # hp bmework

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

Introduction To Accounting And Finance

Authors: Geoff Black

1st Edition

1408216299, 978-1408216293

More Books

Students also viewed these Accounting questions

Question

Question Who can establish a Keogh retirement plan?

Answered: 1 week ago