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 April May June Occupancy-Days 3,400 3,280 4,370 1,950 680 1,960 4,040 4,080 2,240 1,030 1,460 2,700 Electrical Costs $10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 July August September October November December 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