The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows:

10.00 points The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows Custodial Supplies Month March April May June July August September Occupancy-Days 7.500 8,100 13.400 20,500 26.100 18.200 15.200 Expense 5 11,950 12.300 15.200 18.450 21.250 15.950 15,150 Occupancy-days are a measure of the overall activity at the hotel. For example, when a guest stays at the hotel for three days, it is counted as three occupancy-days Required 1. Using the high-low method, estimate a cost formula for oustodial supplies expense (Round the Variable cost to 2 decimal places ) 2. Using the cost formula you derived above, what amount of custodial supplies expense would you expect to be incurred at an oacupancy level of 12,400 occupancy-days? Variable cost Fixed cost Total cost