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The Cheyenne Hotel in Big Sky Montana, has accumulated records of the total electrical costs...

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The Cheyenne Hotel in Big Sky Montana, 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 for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Occupancy-Day 3,290 3,160 970 Month January February March April May June July August September October November December Electrical Conti $16,450 $ 15,800 $9,000 $13,500 $ 4,850 $3,250 $11,020 $18.070 $10,250 $5,550 $ 3,900 $14,0se 4,150 2,05e 1.110 700 2,810 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy day (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.) Variable cost of electricity Fored cost of electricity per occupancy day per month

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