Question

rachel Kauffman drove her suv 17,600 miles last year. if her cost per mile was $0.47 and her annual cost were $48.00 more than her annual fixed costs find her annual variable cost and annual fixed cost answer

Answer 1

Annual Fixed cost is $4112 and

Annual Variable cost is $4150

Step-by-step explanation:

Let Annual Fixed cost be "X", then

Let Annual Variable cost be " X + 48"

Therefore, X + X + 48 = 17 600 x $0.47

2X + 48 = 8224

2X = 8224

X = $4112

Then, X + 48 = 4112+48=4150