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 out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer.

Month Occupancy Days Electrical Costs

January 1,736 $4,127

February 1,904 $4,207

March 2,356 $5,083

April 960 $2,857

May 360 $1,871

June 744 $2,696

July 2,108 $4,670

August 2,406 $5,148

September 840 $2,691

October 124 $1,588

November 720 $2,454

December 1,364 $3,529

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 a nearest whole dollar amount)