The Royal Canadian Lodge in Banff, Alberta, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Electrical Costs Month Occupancy Days January 1,736 $ 4,127 February 1,407 March 2,555 3,207 5,210 April 960 2,857 May 630 2,871 June 744 2,696 July 2,108 4,670 August 1,406 3,148 September 480 1,391 October 230 1,490 November 720 December 1,364 2,454 3,529 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day (Round the "Fixed cost" to the nearest dollar amount and "Variable cost" to 2 decimal places.) Foxed cost Vanable cost per month per occupancy-day 2. What factors other than occupancy-days are likely to affect the monthly variation in electrical costs? (You may select more than a answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Less systematic factors such as frugality of individual guests may also affect electrical costs. Fixed salary paid to hotel receptionist Electrical costs may reflect seasonal factors other than just the variation in occupancy days. 7 Income taxes paid on hotel income