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Office - to - Go occupies 4 , 0 0 0 square feet of commercial space in the Calgary suburbs. The company provides meeting rooms

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Office-to-Go occupies 4,000 square feet of commercial space in the Calgary suburbs. The company provides meeting rooms and hotdesking for self-employed individuals and small businesses that are too small or have chosen not to lease a brick-and-mortar location. Utility costs have both fixed and variable components and the total utility cost depends on number of square feet of space rented out each month. During the month of November, 90% of the space was occupied and the total utility cost for the month was $10,900. During July, the slowest month of the year, only 50% of the space was occupied. A total of $8,500 in utility cost was incurred during July.
Required:
Estimate the variable cost of utilities per square foot per month.
Note: Round your answer to 2 decimal places.
Variable cost of utilities
per square foot
Estimate the total fixed cost of utilities per month.
Fixed cost of utilities
per month
Assume that 3,000 square feet of space will be occupied during December. What total utilities cost would you expect the company
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