Joyce Murphy runs a courier service in downtown Seattle. She charges clients $0.56 per mile driven. Joyce has determined that if she drives 2,150 miles in a month, her total operating cost is $575. If she drives 3,250 miles in a month, her total operating cost is $751. Required: 1. Using the high-low method, determine Joyces variable and fixed operating cost components. (Round your cost per unit answer to 2 decimal places.) 2. Complete the contribution margin income statement for Joyces service assuming she drove 1,300 miles last month. (Assume this falls within the relevant range of operations).

oyce Murphy runs a courier service in downtown Seattle. She charges cients $0.56 per mile driven Joyce has determined that it she drives 2150 miles in a month, her total operating cost is $575. If she drives 3,250 miles in a month, her totail operating cost is $751 Required: 1. Using the high-low method, detenmine Jayce's variable and fixed operating cost components (Round your cost per unit answer to 2 decimal places.) able Cost per Mile Driven Fixed Cost 2. Complete the contribution margin income statement for Joyce's service assuming she drove 1,300 miles last month. (Assume this falls within the relevant range of operations) JOYCE MURPHY Contribution Margin Income Statement For the Last Month Contibulion Margin Net Operating Income