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Check my we 1 10 D The Lakeshore Hotel's occupancy days and custodial supplies expense over the last seven months were as follows: Custod Occupancy
Check my we 1 10 D The Lakeshore Hotel's occupancy days and custodial supplies expense over the last seven months were as follows: Custod Occupancy Supplies Expense March 18, April 16,020 July August September 16,200 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 is 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 dollar amount and Variable cost to 2 decimal places.) 1 amount and "Variable cost" to 2 decimal places.) 10 points eBook Print 2. Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of 15,400 occupancy-days? (In your computations, round "Variable cost per unit" to 2 decimal places and final answers to the nearest dollar amount.) References Amount Variable cost Fbed cost Total cost s 0
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