high low method

Applying the High-Low Method LO2 -CC9] The Royal Canadian Lodge in Banff, Alberta, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy day represents a room rented out for one day. The hotel's business is highly seasonal with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January $4,127 February September October November December Required: 1. Using the high-low method estimate the fixed cost of electricity be e variable cost of electricity per occupancy-day, Round the fixed cost to the nearest whole collar and the y 2. What factors other then occupancy days are likely lectrical costs