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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
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 iast year. An occupancy-day represents a room rented for one day. The hoters business is highily seasonat, whth peaks occurring during the ski season and in the summer. Required: 1. Using the ightow method, estimate the fixed cost of electricty per month and the variable cost of electnctiy per occupancy-day (Do not round your Intermedlete colculotions. Round your Varioble cost onswer to 2 decimal ploces and Flxed cost element answer to neerest whole dollor amount.) 2. What other factors in addition to occupancy-days are likey to affect the vartabon in electncal costs from month to month? (You may select more than one answer. Single click the box with the question mork to produce a check mork for a correct answer and double click the box with the question mork to empty the box for a wrong onswer. Any boxes left with a question mork will be outometically groded os incorrect.) Number of days presinnt in a moenh ince me toues psid on hotel income. 7 sebsonal foctorn ike witer or summest
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