12 10 points 00:52:12 The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: Month March April May June July August September Occupancy- Days 18,050 12,540 15,060 28,650 24,300 17,000 14,600 Y = Occupancy-days are a measure of the overall activity at the hotel. For example, when a guest stays at the hotel for three days, it i counted as three occupancy-days. $ Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest do amount and "Variable cost" to 2 decimal places.) Custodial Supplies Expense 5,016 $ 9,800 9,850 13,700 16,000 17,520 13,250 12,990 + $ 10,984.00 X 5:17

The Lakeshore Hotel's occupancy-days and custodial supplies expense over the lost seven months were as follows: Occupancy-days are a measure of the overall activity at the hotel. For example, when a guest stays at the hotel for three days, it counted os three occupancy-days. Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest di amount and "Variable cost" to 2 decimal places.)