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The Cheyenne Holel in Big Sky, Montana, thas accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the

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The Cheyenne Holel in Big Sky, Montana, thas accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year, An occupancy-doy represents a room rented for one day. The hotel's business is highty seasonal, with peaks oceuring during the skiseason and in the summer. Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of olectricity per occupancy-day (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollor amount.) 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the bex with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automotically graded as incorrect.) The Cheyenne Holel in Big Sky, Montana, thas accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year, An occupancy-doy represents a room rented for one day. The hotel's business is highty seasonal, with peaks oceuring during the skiseason and in the summer. Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of olectricity per occupancy-day (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollor amount.) 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the bex with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automotically graded as incorrect.)

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