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The Peak View Hotel's occupancy-days and custodial supplies expense over the last seven months were...

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Accounting

The Peak View Hotel's occupancy-days and custodial supplies expense over the last seven months were as follows:MonthMarch AprilMay JuneJulyAugustSeptemberOccupancy-Days18,60013,10015,60030,10024,60019,60015,100CustodialSupplies Expense$ 22,72021,59021,06030,63027,79023,47021,620Occupancy-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.) Y=___+X Using cost formula you derived above , what amount of expense of custodial supplies expense would you expect to be incurred ar occupancy level of 14200 occupancy days?

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