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UP Saved 1 The Cheyenne Hotel in Big Sky, Montana, has occumulated records of the total electical costs or 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 17 Dont Occupancy Bay 1,736 Book Month January February March April May June July August Septesben October November December 1,964 2356 960 360 744 2,168 2,406 BAD 324 720 Electrical Conti 14,127 $ 4,207 35,08 $ 2,854 1,871 $ 2,696 $ 4,670 $15.14 $ 2,691 $ 1,58 % 2,654 3,529 HM Print 1,364 References 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 Verloble cost answer to 2 decimal places and Fixed cost element answer to nearest whole collar amount.) Variable cost of electricity Fixed cost of electroly per obupancy day per month 2. What other factors in addition to occupancy-days are likely to affect the variation in electrical costs from month to month? (You may select more than one answer. Single click the box with the question mark to produce e 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.) 2 Seasonal factors like winter or summer 2 Systematic factors like guests, switching off fans and lights 2 Number of days prosent in a month 2 Fixed salary paid to hotel receptionist Income taxes paid on hotel Income

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