WP Ch2 Cost Estimation HW: Abbi x WP NWP Assessment Player UI Ap| X Dashboard X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b6600537-a086-4a27-86c8-13fd8a10280a#/question/1 Ch2 Cost Estimation HW Question 2 of 2 > 6.3 / 14 ... view Fullties Show Attempt History Current Attempt in Progress After graduating from dental school two years ago, Dr. Barbara Jones 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 In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist.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 $5,930 February 750 5,375 March 920 6,359 April 950 6,785 May 1,150 7,495 June 900 6,308 July 1,050 7,440 August 975 6,724 (a)WP Ch2 Cost Estimation HW: Abbi x WP NWP Assessment Player UI Ap| X Dashboard X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b6600537-a086-4a27-86c8-13fd8a10280a#/question/1 Ch2 Cost Estimation HW Question 2 of 2 > 6.3/ 14 ... Your Answer Correct Answer Your answer is partially correct. Identify the high and low points. Activity Level to High point 1150 to 7495 Low point 750 to 5375 Using the high-low method, what is the variable cost of sterilizing an instrument using the new equipment? (Round answer to 2 decimal places, e.g. 52.75.) to Variable cost .18 per instrument e Textbook and Media Solution Attempts: 3 of 3 usedWP Ch2 Cost Estimation HW: Abbi x WP NWP Assessment Player UI Ap| X Dashboard X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b6600537-a086-4a27-86c8-13fd8a10280a#/question/1 Ch2 Cost Estimation HW Question 2 of 2 > 6.3 / 14 ... Your answer is correct. What is the fixed cost of the autoclave equipment? (Round answer to 2 decimal places, e.g. 52.75.) Fixed cost $ 1400 e Textbook and Media Attempts: 1 of 3 used (C ) * Your answer is incorrect. What is the cost formula that Dr. Jones should use for estimating autoclave sterilization costs for next year's budget? Formula of total cost ($1.400.00 * # of instruments) - $5.30 eTextbook and MediaWP Ch2 Cost Estimation HW: Abbi X WP NWP Assessment Player UI Ap| X Dashboard X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b6600537-a086-4a27-86c8-13fd8a10280a#/question/1 Ch2 Cost Estimation HW Question 2 of 2 6.3/ 14 ... e Textbook ana Ivedia Attempts: 1 of 3 used (c) * Your answer is incorrect. What is the cost formula that Dr. Jones should use for estimating autoclave sterilization costs for next year's budget? Formula of total cost ($1,400.00 * # of instruments) - $5.30 ($5.30 x # of instruments) - $1,400.00 ($1,400.00 : # of instruments) + $5.30 ($1,400.00 x # of instruments) + $5.30 e Textbook and Media ($5.30 : # of instruments) - $1,400.00 ($5.30 : # of instruments) + $1,400.00 ($5.30 x # of instruments) + $1,400.00 Save for Later ($1,400.00 x # of instruments) - $5.30 Attempts: 2 of 3 used Submit Answer (d) The parts of this question must be completed in order. This part will be available when you complete the part above