Hello I am working on 3 individual assignment questions belo

Hello, I am working on 3 individual assignment questions below and I am unsure of how to solve them. I would greatly appreciate help in solving them.

Miles
Driven

Total
Cost

Miles
Driven

Total
Cost

2.

Units Produced

Total Cost

3. Presto Corp. had total variable costs of $177,248, total fixed costs of $171,100, and total revenues of $305,600.

1. Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 8,020 $14,195 March 8,490 $14,991 February 7,505 13,513 April 8,205 14,485

Solution

Q1. Miles Cost Hugh Activity-March 8490.00 14991.00 Low activity-Feb 7505.00 13513.00 Change 985.00 1478.00 Variable cost per mile: Change in cost/ Change in Miles 1478 /985 = $ 1.50 per mile Fixed cost: Total c ost of 8490 miles 14991 Less: variable cost (8490*1.50) 12735 Fixed cost: 2256 Q2. Units Cost Hugh Activity-Nov 40160.00 74798.00 Low activity-July 18072.00 36144.00 Change 22088.00 38654.00 Vvariable cost perr unit: Change in cost/ Change in units 38654/22088 = $ 1.75 per unit Fixed ccost: Total cost of 40160 units 74798 Less: variable cost (40160*1.75) 70280 Fixed c ost: 4518 Q3. Sales revenue: 305600 Less: Variablecost 177248 Contribution margin 128352 CM ratio: Contribution/ Sales *100 128352/305600 *100 = 42% Brek even in $: Fixed cost/ CM ratio 171100/42% = $ 407381