Bayside Apartments is a 900-unit apartment complex. When the apartments are 90% occupied, monthly operating costs total $228 030. When occupancy dips to 80%, monthly operating costs fall to $222,500. The owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will closs in three months. The apartment owner fears that occupancy of her apartments will drop to 55% resides lose their jobs and move away. Assuming the same relevant range, what can the owner expect her operating costs to be if occupancy as to 6% Let's begin by determining the formula that is used to calculate the variable cost (slope) Changs in cost Change in volume Varable cost (op Now delarmine the formula that is used to calculate the fixed cost component Fixed cost Use the high-low method to determine Bayside's operating cost equation y+ Assuming the same relevant range, what should the owner expect her operating costs to be if occupancy falls to 50%? Round your ener to the re The owner should expect her operating costs to be if occupancy falls to 55%