IMPORTANT. Please show your work for this problem by handwriting any supporting calculations on your own paper and submitting it after the test is over Label your work with the question number Mets Metals is a high-end jewelry store, specializing in custom pleces last month, the company sold 1.000 pieces of jewelry at $400 a piece The markup percentage on each plece of jewelry is 100% of cost. Hint. That means the cost is half of the sales price . The company employs a metalsmith for $5.000 each month who creates custom places and performs repairs . The company pays $15.500 each month to rent its equipment and retail space. The company employs a salesperson who receives of the sales price of each piece sold Complete the contribution margin income statement below, prepared for one month of operations. Sales Revenue $ 400.000 $ $ $ Operating Income $ IMPORTANTI Please work for this problem by handwriting any supporting calculations on your own paper and submitting it after the test is over Label your work with the question number Clayton Construction Co occasionally has to rent a crane to complete a client's project. Help the owner understand these costs by analyzing the company's last six months of crane rental cost using the high-low method Month January February March April May June Crane Operating Hours 40 44 42 45 37 Crane Rental Cost $2.580 $2,880 $2.700 $2.800 $2.760 $2.400 What is the variable cost per hour to rent a crane? $ per hour What is the monthly fixed cost to rent a crane? $ What is Clayton Construction Co's monthly cost equation for crane rental? TC