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answer required 1,2 Joyce Murphy runs a courier service in downtown Seattle She charges clients $0.56 per mile driven. Joyce has determined that drives 2.550
answer required 1,2
Joyce Murphy runs a courier service in downtown Seattle She charges clients $0.56 per mile driven. Joyce has determined that drives 2.550 miles in a month, her total operating cost is $775. If she drives 3,650 miles in a month, her total operating cost is $951 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 1700 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 Foxed Cast Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the contribution margin income statement for Joyce's service assumiig she drove 1,700 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 Step by Step Solution
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