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Global Corporation uses trucks to transport bottles from the warehouse to different retail outlets. Gasoline costs are $0.26per mile driven. Insurance costs are $6,500 per
Global Corporation uses trucks to transport bottles from the warehouse to different retail outlets. Gasoline costs are $0.26per mile driven. Insurance costs are $6,500 per year. Calculate the total costs and the cost per mile for gasoline and insurance if the truck is driven (a)18,000 miles per year or (b)36,000miles per year. (Round the cost per mile to the nearest cent, $X.XX.)
| (a) Driven 18,000 miles | (b) Driven 36,000 miles |
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Total costs |
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Cost per mile |
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