The Cheyenne Hotel in Big Sky$,$ Montana, 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.

Month Occupancy$-$Days Electrical Costs

January $2,640$ $ $13,200$

February $2,860$ $ $14,300$

March $980$ $ $4,900$

April $2,420$ $ $12,100$

May $2,090$ $ $10,450$

June $4,470$ $ $18,860$

July $4,020$ $ $17,160$

August $3,940$ $ $16,760$

September $1,630$ $ $8,150$

October $1,090$ $ $5,450$

November $1,390$ $ $6,950$

December $2,910$ $ $14,550$

Required:

$1.$ Using the high$-$low method, estimate the fixed cost of electricity per month and the variable cost of electricity 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 dollar 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 box 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 automatically graded as incorrect.$)$

check all that apply

Systematic factors like guests, switching off fans and lights.

Number of days present in a month.

Income taxes paid on hotel income.

Seasonal factors like winter or summer.

Fixed salary paid to hotel receptionist.