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Question is here. Thanks The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: Custodial Occupancy- Supplies Month Days

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The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: Custodial Occupancy- Supplies Month Days Expense March 18,900 $14,580 April 13,220 14,700 May 16,080 15,780 June 31,200 20,400 July 29,400 25,740 August 20,400 18,990 September 16,300 17,230 Occupancy-days are a measure of the overall activity at the hotel. For example, when a guest stays at the hotel for three days, it is counted as three occupancy-days. Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest dollar amount and "Varia ble cost" to 2 decimal places.) -:-:- 2. Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an occupancy level of 15,600 occupancy-days? (In your computations, round "Variable cost per unit" to 2 decimal places and nal answers to the nearest dollar amount.) Variable oost Fixed cost Total cost

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