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The Lakeshore Hotel's occupancydays and custodial supplies expense overthe last seven months were as follows: Custodial Dccupancy Supplies Month Days Expense March 19,399 $15,799 April
The Lakeshore Hotel's occupancydays and custodial supplies expense overthe last seven months were as follows: Custodial Dccupancy Supplies Month Days Expense March 19,399 $15,799 April 12,249 12,259 Play 15,369 29,159 June 29, 499 23 , 359 July 25,999 25,999 August 19,999 29,759 September 15, 198 28,663 Occupancydays are a measure ofthe overall activity atthe hotel. For example, when a guest stays at the hotel for three days, it is counted as three occupancydays. Required: 1. Using the highlow method, estimate a cost formula for custodial supplies expense. [Round the \"Fixed cost" to the nearest dollar amount and "Variable cast" 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 14,200 occupancydays? (In your computations, round "Variable cost per unl't*r to 2 decimal places and nal answers to the nearest dollar amount.) Variable cost Fixed cost Total cost
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