Bethany Liang delivers parts for several local auto parts stores. She charges clients $ per mile driven. She has determined that if
she drives miles in a month, her average operating cost is $ per mile. If Bethany drives miles in a month, her average
operating cost is $ per mile.
Required:
Using the highlow method, determine Bethany's variable and fixed operating cost components.
Complete the contribution margin income statement for the business last month, when Bethany drove miles. Assume this
falls within the relevant range of operations
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Required
Required
Complete the contribution margin income statement for the business last month, when Bethany drove miles. Assume
this falls within the relevant range of operations
Note: Round your intermediate calculations to decimal places and final answers to the nearest whole number.