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Russell Preston delivers parts for several local auto parts stores. He charges clients 0.85 per mile driven. Russell has determined that if he drives 2,500
Russell Preston delivers parts for several local auto parts stores. He charges clients 0.85 per mile driven. Russell has determined that if he drives 2,500 miles in a month, his average operating cost is $0.50 per mile. If he drives 3,500 miles in a month, his average operating cost is $0.40 per mile. Russell has used the high-low method to determine that his monthly cost equation is: total cost = $980.00 + $0.15 per mile. Required: 1. Determine how many miles Russell needs to drive to break even. Break-Even Miles Miles
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