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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. Day Occupancy - Electrical Month Coats January 2,710 $ 5,270 Tebruary 3,600 $ 6,205 March 360 $ 2,150 April 2,170 $ 4,350 May 4,200 $ 7.160 June 1,530 $ 3,025 July 4,110 5 7.050 August 4,060 $6,925 September 1,900 $ 4,090 October 1.160 5.2.900 November 1.210 $ 3,025 December 2,400 $ 4,910 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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