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Anita Kaur runs a courier service in downtown Seattle. She charges clients $0.60 per mile...

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Accounting

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Anita Kaur runs a courier service in downtown Seattle. She charges clients $0.60 per mile driven. Anita has determined that if she drives 2,400 miles in a month, her total operating cost is $700. If she drives 3,500 miles in a month, her total operating cost is $810. Required: 1. Using the high-low method, determine Anita's variable and fixed operating cost components. 2. Complete the contribution margin income statement for Anita's service assuming she drove 1,550 miles last month. (Assume this falls within the relevant range of operations). Complete this question by entering your answers in the tabs below. Using the high-low method, determine Anita's variable and fixed operating cost components. Note: Round your cost per mile answer to 2 decimal places. Complete this question by entering your answers in the tabs below. Complete the contribution margin income statement for Anita's service assuming she drove 1,550 miles last month. (Assume this falls within the relevant range of operations)

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