GIRI Dental Services is a specialized dental practice whose only service is filling cavities. GIRI has recorded the following for the past nine months: Month Number of Cavities Filled Total Cost January 400 $5,350 February 325 5,050 March 675 6,600 April 850 6,400 May 425 5,450 June 500 5,850 July 550 6,150 August 310 5,300 5,500 September 450 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. (Round your answers to 2 decimal places.) Fixed Cost Variable Cost per Unit 2. Using these estimates, calculate GIRI's total cost for filling 800 cavities. Estimated Total Cost

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
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GIRI Dental Services is a specialized dental practice whose only service is filling cavities.
GIRI has recorded the following for the past nine months:
Month
Number of Cavities Filled Total Cost
January
400
$5,350
February
325
5,050
March
675
6,600
April
850
6,400
May
425
5,450
June
500
5,850
July
550
6,150
August
310
5,300
5,500
September 450
1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. (Round your
answers to 2 decimal places.)
Fixed Cost
Variable Cost per Unit
2. Using these estimates, calculate GIRI's total cost for filling 800 cavities.
Estimated Total Cost
Transcribed Image Text:GIRI Dental Services is a specialized dental practice whose only service is filling cavities. GIRI has recorded the following for the past nine months: Month Number of Cavities Filled Total Cost January 400 $5,350 February 325 5,050 March 675 6,600 April 850 6,400 May 425 5,450 June 500 5,850 July 550 6,150 August 310 5,300 5,500 September 450 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. (Round your answers to 2 decimal places.) Fixed Cost Variable Cost per Unit 2. Using these estimates, calculate GIRI's total cost for filling 800 cavities. Estimated Total Cost
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