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The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: Month Occupancy Days Custodial Supplies Expense March 18,300 $16,700
The Lakeshore Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows: Month Occupancy Days Custodial Supplies Expense March 18,300 $16,700 12,740 April $17,250 15,360 May $19,000 29,400 June $23,350 July 25,800 $26,000 18,000 August $20,750 September 15,100 T 15,100 September $20,000 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. Using the High-Low Method, what is the variable cost portion of the cost equation going to be? A) $0.366 B) $0.558 C) $1.240 D) $0.813 E) $0.599 Enter only the letter of the correct response in the space below (i.e. A, B, C, D, or E). K
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