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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

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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. Occupancy-Days 3,350 3,610 1,680 1,230 4,380 Month January February March April May June July August September October November December 1,690 Electrical Costs $ 9,241 $ 9,666 $ 5,208 $ 3,813 $10,428 $ 5,239 $10,058 $10,125 $ 6,045 $ 6,634 $ 4,588 $ 7,829 4,130 4,250 1,950 2,140 1,480 2,710 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.) Variable cost of electricity Fixed cost of electricity per occupancy-day per month

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