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	2,640	$	13,200
February	2,860	$	14,300
March	980	$	4,900
April	2,420	$	12,100
May	2,090	$	10,450
June	4,470	$	18,860
July	4,020	$	17,160
August	3,940	$	16,760
September	1,630	$	8,150
October	1,090	$	5,450
November	1,390	$	6,950
December	2,910	$	14,550

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)

	occupancy	electrical
	days	costs
high activity level
low activity level
change	0	$0
variable cost		per occupancy day
fixed cost element