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Occupancy- Electrical Month Days Costs January 1,715 $4,127 February 1.904 $4,207 March 2,356 $5,083 April 960 $2,857 May 360 $1,871 June 744 $2,696 July 2.108

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Occupancy- Electrical Month Days Costs January 1,715 $4,127 February 1.904 $4,207 March 2,356 $5,083 April 960 $2,857 May 360 $1,871 June 744 $2,696 July 2.108 $4,670 August 2,406 $5,148 September 840 $2,691 October 124 $1.588 November 720 $2,454 December 1,364 $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 decima places and Fixed cost element answer to nearest whole dollar amount) Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable occupancy-day. (Do not round your intermediate calculations. Round your Variable cost places and Fixed cost element answer to nearest whole dollar amount) Electrical Costs High activity level Low activity level Change Occupancy Days 2,406 360 2.046 Variable cost per occupancy- day Fixed cost element

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