The Lakeshore Hotel's occupancy-days and custodiat supplies expense over the last seven months were as follows: Month March April May June July August September Occupancy- Days 18,650 13,020 15,780 30, 450 27,900 19,400 15,800 Custodial Supplies Expense $ 19, 180 19.300 21,580 25,900 30,340 23,890 22, 430 59 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 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 14,600 occupancy.days? (In your computations, round "Variable cost per unit" to I decimal places and final answers to the nearest dollar amount.) Amount Variable cost Fixed cost Total cost