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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.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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p 5 HW Saved Help Save & Exit Submit 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
Transcribed Image Text:p 5 HW Saved Help Save & Exit Submit 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
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
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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