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Russell Preston dellvers parts for several local auto parts stores. He charges clients 0.90 per mle driven. Russell has determined that If he drives 2,100

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Russell Preston dellvers parts for several local auto parts stores. He charges clients 0.90 per mle driven. Russell has determined that If he drives 2,100 miles in a month, his average operating cost is $0.60 per mile. If he drives 3.100 miles in a month, his average operating cost is $0.50 per mile. Russell has used the high-low method to determine that his monthly cost equation s: total cost = $1.220.00 + SO 2 per mile Required: 1. Determine how many miles Russell needs to drive to break even. Miles Break-Even Miles 2. Assume Russell drove 2,500 miles last month. Without making any additional calculations, determine whether he eaned a proftlt or a loss last month. Profit Loss 3. Detemine how many miles Russel must drive to earn $2,135 00 In protit Milcs Targct

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