Question: #4 need help with all Exercise 6A-1 (Static) High-Low Method [LO6-10] The Cheyenhe Hotel in Big Sky, Montana. has accumuleted records of the total electrical
Exercise 6A-1 (Static) High-Low Method [LO6-10] The Cheyenhe Hotel in Big Sky, Montana. has accumuleted records of the total electrical costs of the hotel and the number of occupancy-days over the last yea. An occupancy day represents a room rented for one day. The hotets business is highly seosonat, with peaks occuring during the ski season and in the summec. Requited: 1. Using the high low mothod, estimate the fived cont of electricity per month and the variable cost of electricity per occupancy doy. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fined cost element answer to nearest whole doliar amount.) 2. What othee foctors in addition to occupancy-days are kiely to affect the variation in electrical costs from month to month? (You may select more then one anawer. Single cllck the box with the guestion 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.) Seasonal factors like winter or summer. U Systematic foctors like fuests, switching off fans and lights. I. Number of days prosent in a monten 1. Fixed solary paid to hotel receptionist. U income taxes paid on hotet income
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