Question: Type or paste question here 2. ABC has accumulated records of the total gas costs of the hotel and the number of occupancy-days over the

Type or paste question here 2. ABC has accumulated records of the Type or paste question here

2. ABC has accumulated records of the total gas 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. Month Occupancy Days Electrical Costs January 2,604 $6,257 February 2,856 $6,550 March 3,534 $7,986 April 1,440 $4,022 May 540 $2,289 June 1,116 $3,591 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. Round off the fixed cost to the nearest whole dollar and the variable cost to the nearest whole cent. Answer: TEST/PROVE YOUR ANSWER (may be off a little due to rounding)

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