4 Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.43 per mile driven. Joyce has determined that if she drives 2,800 miles in a month, her total operating cost is $791. If she drives 4,300 miles in a month, her total operating cost is $971. Joyce has used the high-low method to determine that her monthly cost equation is total monthly cost = $455 + $0.12 per mile driven. 2 points Skipped Required: 1. Determine how many miles Joyce needs to drive to break even. 2. Calculate Joyce's degree of operating leverage if she drives 4,500 miles. 3. Suppose Joyce took a week off and her sales for the month decreased by 26 percent. Using the degree of operating leverage, calculate the effect this will have on her profit for that month. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Determine how many miles Joyce needs to drive to break even. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) Print Break-Even Units Miles References Required 1 Required 2 > Mc Graw Hill 4 Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.43 per mile driven. Joyce has determined that if she drives 2,800 miles in a month, her total operating cost is $791. If she drives 4,300 miles in a month, her total operating cost is $971. Joyce has used the high-low method to determine that her monthly cost equation is total monthly cost = $455 + $0.12 per mile driven. 2 points Skipped Required: 1. Determine how many miles Joyce needs to drive to break even. 2. Calculate Joyce's degree of operating leverage if she drives 4,500 miles. 3. Suppose Joyce took a week off and her sales for the month decreased by 26 percent. Using the degree of operating leverage, calculate the effect this will have on her profit for that month. eBook Complete this question by entering your answers in the tabs below. 11 81 Hint Required 1 Required 2 Required 3 A Print Calculate Joyce's degree of operating leverage if she drives 4,500 miles. (Round your intermediate calculations to 2 decimal places and final answer to 4 decimal places.) : Degree of Operating Leverage References Mc Graw Hill 4 Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.43 per mile driven. Joyce has determined that if she drives 2,800 miles in a month, her total operating cost is $791. If she drives 4,300 miles in a month, her total operating cost is $971. Joyce has used the high-low method to determine that her monthly cost equation is total monthly cost = $455 + $0.12 per mile driven. 2 points Skipped Required: 1. Determine how many miles Joyce needs to drive to break even. 2. Calculate Joyce's degree of operating leverage if she drives 4,500 miles. 3. Suppose Joyce took a week off and her sales for the month decreased by 26 percent. Using the degree of operating leverage, calculate the effect this will have on her profit for that month. eBook Complete this question by entering your answers in the tabs below. 81 Hint Required 1 Required 2 Required 3 Print Suppose Joyce took a week off and her sales for the month decreased by 26 percent. Using the degree of operating leverage, calculate the effect this will have on her profit for that month. (Round your intermediate calculations and final answer to 4 decimal places. (i.e. .123456 should be entered as 12.3456%.)) Effect on Profit % References