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 Electrical Costs Month January Days 2,830 $6,750 February 3,340 $ 7,410 March 3,650 $ 7,905 April 1,840 $ 5,520 May 750 $ 2,250 June 1,830 $ 5,490 July 3,890 $ 8,190 August 1,700 $ 5,100 September 4,060 $ 8,410 October 2,260 $ 6,780 November 1,350 $ 4,050 December 290 $ 870 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.) Answer is complete but not entirely correct. Variable cost of electricity Fixed cost of electricity $ 1.62 per occupancy-day $ 2,948 per month