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Monterey Hotel bases its budgets on guest-days. The hotel's static budget for August appears below. Budgeted number of guest-days Budgeted variable costs: Supplies (@$9.60

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Monterey Hotel bases its budgets on guest-days. The hotel's static budget for August appears below. Budgeted number of guest-days Budgeted variable costs: Supplies (@$9.60 per guest-day) Laundry (@$9.40 per guest-day) 4,300 $ 41,280 40,420 81,700 57,190 52,030 109,220 Total variable cost Budgeted fixed costs: Wages and salaries Occupancy costs Total fixed cost Total cost $ 190,920 The total fixed cost at the activity level of 5,500 guest-days per month should be:

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