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The Cheyenne Hotel in Big Sky, Montana, has accumulated reconds of the total electrical costs of the hotel and the number of occupancy days over

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The Cheyenne Hotel in Big Sky, Montana, has accumulated reconds 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 hoters bualiness is highly seasonal, with peaks occurring during the ski season and in the surmmer. Required: 1. Using the high-low method, estimate the fixed cost of electncity per month and the variable cost of eiecticity per occupancy-day (Do not round your intermediate colculations. Round your Variable cost answer to 2 decimal places and Fixed cost element onswer 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 mork to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Systematc factors ike guests, switching off fans and lights. Number of days present in a month Income taxes paid on hotel income. Seasonal factory like winter or summer. Foxed salary paid to hotel receptionist

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