The Cheyenne Hotel in Big Sky$,$ Montana, recorded its total electrical costs and 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.

MonthOccupancy$-$DaysElectrical CostsJanuary$3,400$$ $9,536$February$4,150$$ $10,180$March$3,080$$ $9,184$April$2,230$$ $7,136$May$1,570$$ $5,024$June$1,910$$ $6,112$July$3,880$$ $9,997$August$3,830$$ $9,904$September$2,060$$ $6,592$October$1,940$$ $6,208$November$1,050$$ $3,360$December$2,710$$ $8,168$

Required:

Using the high$-$low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy$-$day.

Note: 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.

What other factors in addition to occupancy$-$days are likely to affect the variation in electrical costs from month to month?

Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.

check all that apply

Systematic factors like guests, switching off fans and lights.Number of days present in a month.Income taxes paid on hotel income.Seasonal factors like winter or summer.Fixed salary paid to hotel receptionist.