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 occupancydays and custodial supplies expense over the last seven months were as follows:MonthMarch AprilMay JuneJulyAugustSeptemberOccupancyDaysCustodialSupplies Expense$ Occupancydays 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 occupancydays.Required: Using the highlow method, estimate a cost formula for custodial supplies expense. Round the "Fixed cost" to the nearest dollar amount and "Variable cost" to decimal places. YX Using cost formula you derived above what amount of expense of custodial supplies expense would you expect to be incurred ar occupancy level of occupancy days?
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