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Estimated electrical costs for the month

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Question - A hotel in Vail, Colorado has accumulated records of the total electrical costs of the hotel and the number of occupancy days over the last year. (A) Using the high low method of accounting, estimate fixed cost of electricity per month and the variable cost of electricity per occupancy day. (2) If January of the next year was budgeted for 3800 occupancy days, what would be the estimated electrical costs for the month?

Reference no: EM131663264

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