Question Completion Status The Alpine Hotel near Kosciuszko National Park in NSW, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer Occupancy-Days 1,736 1,904 2,612 960 127 Month January February March April May June July August September October November Electrical Costs $4,127 $4,207 $5,576 $2,857 $1,476 $2,696 $4,670 $5,148 $2,691 744 2,108 2,406 840 360 $1,871 $2,454 720 1,364 December $3,529 Required 1. Using the high-low method, estimate the variable cost of electricity per occupancy-day and the fixed cost of electricity per month. Round off the variable cost to the nearest whole cent and the fixed cost to the nearest whole dollar. (4 marks) 2. What other factor in addition to occupancy-days is likely to affect the variation in electrical costs from month to month? (1 marks) For the toolbar, press ALT F10 (PC) or ALTEEN+F10(Mac), BIU & Paragraph Arial 10pt A T XO 3