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Ricco was reviewing the water bill for his carwash business and determined that the highest bill, $6,000, occurred in July when 2,000 cars were washed.
Ricco was reviewing the water bill for his carwash business and determined that the highest bill, $6,000, occurred in July when 2,000 cars were washed. The lowest bill, $4,500, occurred in February when 1,000 cars were washed. Use the high-low method to answer the following questions.
What was the variable cost per carwash?
Question 10 options:
$0.67
$3.00
$1.50
$4.50
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