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2 E6-33A (book/static) E Question Help Lakeview Apartm rts i, an ecount apartment complex when apartmorts are 90% oco giid, monthly qoratng costs total S220.040

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2 E6-33A (book/static) E Question Help Lakeview Apartm rts i, an ecount apartment complex when apartmorts are 90% oco giid, monthly qoratng costs total S220.040 when ocopar ey dips to 80% moty geatrg costs fal $215480 The owner of the apartment oomplex is worried because many ofthe apartment residents k at a nearby manufacturing plant tar has ust an onodil close n three morts The apatment owner tears tat ocupancy of her apamentswildrop to 55% if residerts lose therptsad move away Assuming the same rele ant ran e what can the owner oped hr operating costs to beoopancy fats to 55%? Lefs begin by determining the formula that is used to calculate the variable cost (silope) Change in costChange in velumeble cont (ologe) Now delermine the fomuia that is used to calouiate the lxed cost component Total operaing oostTotal vaniable cos Fixed cost Use the high-low method to determine Lakeview's operating cost equation

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