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The Cheyenne Hotel In Big Sky, Montana, has accumulated records of the total electrlcal 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 electrlcal 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 durling the skl season and in the summer. Required: 1. Using the high-low method, estumate the fixed cost of electricity per month and the varlable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Varlable 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 varlation 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.) Systematic factors IIke guests, switching off fans and lights. Number of days present in a month. ? Income taxes pald on hotel income

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