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Month January February March April May June July August September October November December Occupancy-Days 1,736 1,904 2,356 960 360 744 2,108 2,406 840 124 720

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Month January February March April May June July August September October November December Occupancy-Days 1,736 1,904 2,356 960 360 744 2,108 2,406 840 124 720 1,364 Electrical Costs $ 4,127 $ 4,207 $ 5,083 $ 2,857 $ 1,871 $ 2,696 $ 4,670 $ 5,148 $ 2,691 $ 1,588 $ 2,454 $ 3,529 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) X Answer is complete but not entirely correct. $ Variable cost of electricity Fixed cost of electricity 4.00 X per occupancy-day 850 X per month $

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