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Hi please find attached question The Lakeshore Hotel's occupancydays and custodial supplies expense over the last seven months were as follows: Custodial Occupancy Supplies Month

Hi please find attached question

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The Lakeshore Hotel's occupancydays and custodial supplies expense over the last seven months were as follows: Custodial Occupancy Supplies Month Days Expense March 18,950 $17,350 April 13,260 17,450 May 16,140 18,200 June 31,350 22,050 July 29,700 26,650 August 20,600 20,750 September 16,400 19,350 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.) -:-:- 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 15,800 occupancy-days? (In your computations, round "Variable cost per unit" to 2 decimal places and nal answers to the nearest dollar amount.) Variable cost Fixed cost Total cost

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