Moving Company specializes in hauling heavy goods over long distances. The company's revenues and expenses depend on revenue-miles, a measure that combines both weights and mileage. Summarized budget data for next year are based on predicted total revenue miles of

900,000. At that level of volume, and at any level of volume between 700,000and 1,100,000

revenue miles, the company's fixed costs are $99,000.

The selling price and variable costs are as follows:

Per Revenue-Mile

Average selling price (revenue)

$2.00

Average variable expenses

1.10

1) Requirement 1 and 2. Compute the budgeted net income. Ignore income taxes. Management is trying to decide how various possible conditions or decisions might affect net income. Compute the new net income for each of the following changes. Consider each case independently.

lones Moving Company specializes in hauling heavy goods over long distances. The company's revenues and expenses depend on revenue-miles, a measure that combines both weights and mileage. Summarized budget data for next year are based on predicted total revenue miles of 900,000. At that level of volume, and at any level of volume between 700,000 and 1,100,000 revenue miles, the company's xed costs are $99,000. The selling price and variable costs are as follows: a (Click the icon to view the selling price and variable costs.) Read the muirements. Requirement 1 and 2. Compute the budgeted net income. Ignore income taxes. Management is trying to decide how various possible conditions or decisions might affect net income. Compute the new net income for each of the following changes. Consider each case independently. Select the labels and then enter the amounts to calculate the budgeted net income under each requirement. Consider each case independently. (Use a minus sign or parentheses for a net loss.) Requirement :- S; S: :; Net income (loss) l;|