The Grand Hotel in Geneva, has accumulated records of the total costs of the hotel and the number guests over the last year. Month Number of Guests Total costs Jan 117 1294 Feb 466 27889 Mar 261 3878 Apr 234 832 May 354 3556 Jun 221 4171 Jul 319 3822 Aug 374 473 Sep 15 8437 Oct 281 4263 Nov 42 2969 Dec 304 4624 Required 1. Using the high-low method, estimate the fixed cost per month and the variable cost per guest. 2. State the cost formula