Suppose Fiver Valley Lodge incurs $70,000 of hxed costs each month. Compute the (a) total faxed cost and (b) fxed cost per guest if the hotethas 14,000 guests next month. Compare the fixed cost per guest at the higher occupancy rate to the foxed cost per guest when only 1,500 guests stay during the month (a) Compute the total fixed cost if the hotel has 14,000 guests next month Total fored costs to wide changes in volume, therefore, total foced costs will (b) Compute the foxed cost per guest if the hotel has 14,000 guests next monah First, identify the formula to compule the ficed cost per guest, then cornpute the foed cost per guest at (1) 14,000 guests and at (2) 1 . 500 guests (Round the fixed cost per guest to the nearest cent.)