The answer is not Y=12,472 + 0.37X for #1 and #2 isn't 5254, 12472, 17726

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 8, 106 $ 20, 590 April 8, 300 19,820 May 13, 200 25, 480 June 20, 500 31, 750 July 26, 700 37,330 August 18, 600 28, 690 September 15, 400 26, 510 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 least-squares regression (you may use a spreadsheet to compute the fixed and variable costs), estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest dollar amount and "Variable cost" to 2 decimal places.) Y = 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 12,800 occupancy-days? (Round the "Fixed cost" to the nearest dollar amount.) Variable cost Fixed cost Total cost S