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 Month January February Cavities Filed Total Cost $5,000 6,150 6,350 5,400 6,150 6,050 6,300 5,200 5,200 300 March April May June July August September 600 575 450 525 550 625 325 400 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 425 cavities.
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 Month January February Cavities Filed Total Cost $5,000 6,150 6,350 5,400 6,150 6,050 6,300 5,200 5,200 300 March April May June July August September 600 575 450 525 550 625 325 400 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 425 cavities.
Chapter1: Financial Statements And Business Decisions
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1
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 Filled Total Cost
$5,000
6,150
6,350
5,400
6,150
6,050
6,300
5,200
5,200
Month
January
February
March
300
600
April
May
June
575
450
525
Вook
July
August
September
550
625
325
400
Hint
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 425 cavities.
Print
erences
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
8
Variable Cost per cavity filled
Required 1
Required 2 >
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1 of 4
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Save & Exit
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Check my work
1
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 Filled Total Cost
$5,000
6,150
6,350
5,400
6,150
6,050
6,300
5,200
5,200
Month
January
February
March
300
600
April
May
June
575
450
525
Вook
July
August
September
550
625
325
400
Hint
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 425 cavities.
Print
erences
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
8
Variable Cost per cavity filled
Required 1
Required 2 >
< Prev
1 of 4
Next >
%24
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Su
Saved
Chp 5 HW
Check my w
1
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 Filled Total Cost
$5,000
6,150
6,350
5,400
6,150
6,050
6,300
5,200
5,200
Month
points
300
January
February
March
600
575
450
April
May
June
525
550
625
325
eBook
July
August
September
400
Hint
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 425 cavities.
Print
References
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
I II I I ..
Using these estimates, calculate Mountain's total cost for filling 425 cavities.
Estimated Total Cost
Required 1
Required 2"
Transcribed Image Text:Help
Save & Exit
Su
Saved
Chp 5 HW
Check my w
1
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 Filled Total Cost
$5,000
6,150
6,350
5,400
6,150
6,050
6,300
5,200
5,200
Month
points
300
January
February
March
600
575
450
April
May
June
525
550
625
325
eBook
July
August
September
400
Hint
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 425 cavities.
Print
References
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
I II I I ..
Using these estimates, calculate Mountain's total cost for filling 425 cavities.
Estimated Total Cost
Required 1
Required 2
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