The Lakeshore Hotel's occupancydays and custodial supplies expense over the last seven months were as follows: Custodial Occupancy Supplies Month Days Expense March 18,250 $14,430 April 12,700 15,150 May 15,300 19,420 June 29,250 23,950 July 25,500 27,450 August 17,800 20,710 September 15,000 19, 450 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 occupancydays. Required: 1. Using the high-low method, estimate a cost formula for custodial supplies expense. (Round the "Fixed cost" to the nearest dollar amount and "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 occupancy level of 14,000 occupancydays? (In your computations, round "Variable cost per unit" to 2 decimal places and final answers to the nearest dollar amount.) Variable cost Fixed cost Total cost