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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. cy-Days Electrical Cost January February March April May June July August 1,736 1,904 2,356 960 360 744 2,108 2,406 840 124 720 1,364 $ 4,127 4,207 $ 5,083 2,857 $ 1,871 2,696 4,670 $5,148 2,691 1,588 s 2,454 $ 3,529 November December Required g 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.) cost of per Fixed cost of electricity K Prev 4 of 5 lE Next >

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