Question

A student drove 9,500 miles in his car last year. Fixed costs totaled $1,215.

Variable costs totaled $1,985. What is the total annual cost? What was the
cost per mile? (Enter answer: $-----; $-----)

Answer 1

Answer: $7,81; $4.78 per mile

Explanation:

To get the cost per mile we have to divide 9,500 by the cost.

(The total cost annual was $3,200)

9,500 divided by $1,215 = $7.81

9,500 divided by $1,985 = $4.78

I hope this helps!