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The Royel Canadien Lodge in Banff, Alberte, has accumulated records of the total electrical costs of the hotel and the number of occupancy - days

The Royel Canadien Lodge in Banff, Alberte, 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.MonthOccupancy-DaysElectrical Costs1,736$4,1271,4073,2072,5555.2102,8571113388812M6m9m9waOctoberNovember23December1,3643,529Required: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 whole dollar and the variable cost to the nearest whole cent.2. What factors other than occupancy-days are likely to affect the monthly variation in electrical costs?

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