help!! i keep getting these two wrong?
Hoi Chong Transport, Limited, operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 06.000 kilometers during a year, the average operating cost is 10.3 cents per kilometer it a truck is driven only 64,000 kilometers during a year, the average operating cost increases to 115 cents per kilometer Required: 1. Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks 2. Express the variable and fixed costs in the form Y-3 + bx 3. If a truck were driven 80.000 kilometers during a year, what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required nes Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the feet of trucks. (Do not found your intermediate calculations. Round the variable cost per otometer to decimal places.) Vonable con Fixed cost perlometer per ye Required 2 > Cherokee Incorporated is a merchandiser that provided the following information: Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 13,000 $ 16 $1 $ 2 $ 20,000 $ 13,000 $ 8,000 $ 25,000 $ 87,000 Required: 1. Prepare a traditional income statement 2. Prepare a contribution format income statement. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional income statement. $ 208.000 Cherokee, Incorporated Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses $ 20.000 70,000 138.000 w