What other factors other than occupancy-days are likely to affect the Required: the fixed cost to the nearest whole peso and the variable cost to the month and the variable cost of electricity per occupancy-day. Round off 1. Using the high-low method, estimate the fixed cost of electricity per nearest whole centavo. 2. variation in electrical costs from month to month?
What other factors other than occupancy-days are likely to affect the Required: the fixed cost to the nearest whole peso and the variable cost to the month and the variable cost of electricity per occupancy-day. Round off 1. Using the high-low method, estimate the fixed cost of electricity per nearest whole centavo. 2. variation in electrical costs from month to month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:he Amano Hotel 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
January.
February..
March..
Electrical Costs
Оссирапсу-Days
2,604
2,856
3,534
1,440
P6,257
P6,550
P7,986
P4,022
P2,289
P3,591
P7,264
P8,111
P3,707
P1,712
Р3,321
P5,196
April..
Мay.
June..
540
July.
August...
September.
October..
1,116
3,162
3,608
1,260
186
1,080
2,046
November.
December....
Transcribed Image Text:the fixed cost to the nearest whole peso and the variable cost to the
month and the variable cost of electricity per occupancy-day. Round off
1. Using the high-low method, estimate the fixed cost of electricity per
Required:
nearest whole centavo.
What other factors other than occupancy-days
variation in electrical costs from month to month?
2.
are likely to affect the
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