Brief Exercise 1-5 High-Low Method Cheyenne Hotel Month Occupancy Days Electrical Costs January 1,73

Brief Exercise 1-5 High-Low Method

Cheyenne Hotel

Month

Occupancy Days

Electrical Costs

January

1,736

$ 4,127

February

1,904

$ 4,207

March

2,356

$ 5,083

April

960

$ 2,857

May

360

$ 1,871

June

744

$ 2,696

July

2,108

$ 4,670

August

2,406

$ 5,148

September

840

$ 2,691

October

124

$ 1,588

November

720

$ 2,454

December

1,364

$ 3,529

1.

Occupancy Days

Electrical Costs

High

Low

Variable Cost
 

Total
cost (August) =

Variable
cost element =

Fixed
cost element =

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