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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 Month January February March Apr Hay June July August September October November December Decupancy Days 3,400 3,280 4,370 1,950 680 1,960 4,040 4,050 2,240 1.030 1,460 2.700 Electrical Conta $10,234 $10,052 $11, 605 $ 6,625 5 2,380 $6,860 $11,060 $11.100 $ 7.602 $ 3,605 54,634 9.8.974 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 feed cost element answer to nearest whole dollar amount) Variable cost of electricity Fred cost of electricity per ocupancy day per month

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