CustodialMonthDaysSuppliesExpenseMarch$18,700$$$22,840$April$13,20021,755$May$15,70021,195$June$30,20030,735$July$24,70027,905$August$19,70023,590$September$15,20021,765$escChapter $6-$ AssignmentSaved$10$The Peak View Hotel's occupancy$-$days and custodial supplies expense over the last seven months were as follows:$10$pointsSkippedloveHill$1$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.$)$Y$=2.$ Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of $14,400$ occupancy$-$days? $($In your computations, round "Variable cost per unit" to $2$ decimal places and final answers to the nearest dollar amount.$)$AmountVariable costFixed cost Total cost