2.

Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.60 per mile driven. Joyce has determined that if she drives 2,650 miles in a month, her total operating cost is $825. If she drives 3,750 miles in a month, her total operating cost is $1,045. Required: 1. Using the high-low method, determine Joyce's variable and fixed operating cost components. 2. Complete the contribution margin income statement for Joyce's service assuming she drove 1,850 miles last month. (Assume this falls within the relevant range of operations). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the high-low method, determine Joyce's variable and fixed operating cost components. (Round your cost per unit answer to 2 decimal places.) Variable Cost per Mile Driven Fixed Cost Required 1 Required 2 Complete the contribution margin income statement for Joyce's service assuming she drove 1,850 miles last month. (Assume this falls within the relevant range of operations). JOYCE MURPHY Contribution Margin Income Statement For the Last Month Contribution Margin Net Operating Income Bethany Link delivers parts for several local auto parts stores. She charges clients $3.81 per mile driven. She has determined that if she drives 2,400 miles in a month, her average operating cost is $3.61 per mile. If Bethany drives 4,800 miles in a month, her average operating cost is $1.90 per mile. Required: 1. Using the high-low method, determine Bethany's variable and fixed operating cost components. 2. Complete the contribution margin income statement for the business last month, when Bethany drove 2,640 miles. (Assume this falls within the relevant range of operations). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the high-low method, determine Bethany's variable and fixed operating cost components. (Round your cost per unit answer to 2 decimal places.) Variable Cost per Mile Driven Fixed Cost Bethany Link delivers parts for several local auto parts stores. She charges clients $3.81 per mile driven. She has determined that if she drives 2,400 miles in a month, her average operating cost is $3.61 per mile. If Bethany drives 4,800 miles in a month, her average operating cost is $1.90 per mile. Required: 1. Using the high-low method, determine Bethany's variable and fixed operating cost components. 2. Complete the contribution margin income statement for the business last month, when Bethany drove 2,640 miles. (Assume this falls within the relevant range of operations). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the contribution margin income statement for the business last month, when Bethany drove 2,640 miles. (Assume this falls within the relevant range of operations). (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole number.) BETHANY LINK Contribution Margin Income Statement For the Last Month Contribution Margin Net Operating Income