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Question

- Safari File Edit View History Bookmarks Window Help e 49% 1 * E )) Sat Jun 16 6:51 PM Alex Q E Ollo ... ezto.mheducation.com Home - alamo.edu Chapter ? Exercises McGraw-Hill Connect > Question 3 (of) Save & Exit Submit 3. 2.50 points 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 Cavite Month January Fabruary March August September Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filed. (Round your answers to 2 decimal places.) Fixed Coal Variable Cost per 2. Using these estimates, calculate Mountain's total cost for filling 400 cavities. Estimated Total Cost Hints References eBook & Resources Hint #1 Ask your instructor a question Check my work 4 16 = I wi9NTEÚ. popcorntime_ap

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Cost at highest level of activity               6,100.00 Cost at Lowest level of activity               5,050.00 Highest level of activity                  700.00 Lowest Level of activity                  350.00 Variable cost per unit = (6100 - 5050)/(700 - 350) Variable cost per unit = 1050/350 Variable cost per unit = $3 Fixed Costs = 6100 - 700*3 Fixed Costs = $4,000 Total cost for 400 Cavities = 4000 + 400*3 Total cost for 400 Cavities = 4000 + 1200 Total cost for 400 Cavities = 5200