Question: Use the high/low point method to: a) Determine the variable costs per 1 percent of occupancy. b) Estimate the fixed costs per month. c) What

Use the high/low point method to: a) Determine the variable costs per 1 percent of occupancy. b) Estimate the fixed costs per month. c) What is the estimated total electric expense at 62 percent occupancy? Why does this differ from the $6,200 shown for January

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