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 Fixed cost of electricity $ $ 1.80 per occupancy-day 570 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 a 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.) Systematic factors like guests, switching off fans and lights ? Number of days present in a month. ? Income taxes paid on hotel income. ? Seasonal factors like winter or summer. ? Fixed salary paid to hotel receptionist.

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 intermediote calculations. Round your Varioble cost answer to 2 decimol ploces and Fixed cost element onswer to nearest whole dollor amount.) 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 a 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 outomatically graded as incorrect.) Systematic factors like guests, switching off fans and lights. Number of days present in a month (2) income toxes paid on hotel income. 2 seasonat factors like winter or summer. (2) Fixed salary paid to hotel receptionist