Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mountain dental services is a specialized dental p

Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain...

60.1K

Verified Solution

Question

Accounting

image

Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the following for the past nine months: Month January February March April May June July August September Number of Cavities Filled 475 575 350 675 509 400 625 650 450 Total Cost $5,750 6,25e 5, 200 6,5ee 5,65e 5,250 6,300 6, eee 5,450 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 550 cavities. 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 Variable Cost per cavity filled

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

A car wash has two stations, 1 and 2. The service time at station 1 is...

Advance Math
1.2K views

In each case, determine the number of ways (a) 10 identical candies must be distributed among...

Basic Math
1.2K views

Consider the following sequence 1 1 2 1 3 1 2 3 4 1 2...

Basic Math
1.2K views

Find an LU factorization of the given matrix 3 3 1 95 4 3 4...

Basic Math
1.2K views

Solve the given equation or inequality graphically.(a) x= 6 - 7x (Enter your answers as...

Accounting
1.2K views

On June 1, 2020, Ortz Company sold 570,000 of merchandise to Gerrard Compary on credit...

Accounting
1.2K views

The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics...

Accounting
1.2K views

A project is estimated to cost $160,050 and provide annual net cash flows of $30,000...

Accounting
1.2K views

upholstery shop open after normal working hours? 2. A small nearby upholstering company has offered...

Finance
1.2K views

Question Completion Status: QUESTION 3 Suppose that Tesla Motors issued a bond with 17 years...

Accounting
1.2K views

During September at Renfro Corporation, $65,000 of raw materials were requisitioned from the storeroom for...

Finance
1.2K views

Question 2) You need to calculate the 1-year interest rates for 10 years using the...