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Samantha works for an adventure sports company, Outdoor Adventures. The company mask and snowboard helicopter trips in the winter and whitewater na tips in the

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Samantha works for an adventure sports company, Outdoor Adventures. The company mask and snowboard helicopter trips in the winter and whitewater na tips in the summer. The company has determined that transportation costs are a mixed cost that can be estimated based on the timber of miles drive each month. Duis from the previous 6 months are as follows: Month Miles Driven Total Cost January 2.550 $1.213 February 2.350 $ 1,085 March 2,900 51.275 April 2,200 $ 1.050 May 1.900 S 925 June 2.250 $ 1.063 Required: 1. Using the High Low Method, calculate for the transportation costs: a. The variable cost per mile b. The fixed cost cWrite the cost formula for calculating total overhead costs given this cost driver relationship 2. Prepare a Contribution Format Income Statement (you do not need the header) given the following information. Sales Reyonu $400,000 4 Required: 1. Using the High Low Method, calculate for the transportation costs: a. The variable cost per mile b. The fixed cost c. Write the cost formula for calculating total overhead costs given this cost/driver relationship. 2. Prepare a Contribution Format Income Statement (you do not need the header) given the following information o Sales Revenue $400,000 . All variable costs except transportation costs $150,000 o All fixed costs except transportation $ 50,000 o Miles traveled in July 2,600 miles

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