For number 2 the current gas price is $1.989

Estimating Variable Costs EXAMLPE EXERCISES Answer each question below and give your reasoning. 1. Josh is working to figure a good monthly estimate for the fuel cost of his car. Looking back over the past year he's spent the following amounts per month: $75, $55, $84, $63, $39, $47, $68, $109, $71, $58, $49, $63. What would be a good estimation of his monthly cost? 2. Josh is looking to get a new car because he decided he was spending too much on gas. Over the past year he found that he drove about 7,700 miles. At current gas prices [You'll need to actually consider your current cost for gasoline.], he was getting about 27 miles per gallon. If he bought a vehicle that realizes 33 miles per gallon, what might be a reasonable estimate of monthly gas costs