Question
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $79,050 in March and rose to $90,240 in April.
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $79,050 in March and rose to $90,240 in April. It costs Western Trucking $0.15 per mile in variable costs. In March, the delivery trucks were driven a total of 85,000 miles, and in April, they were driven a total of 94,000 miles. Using this information, answer the following:
A. What were the total costs to operate the fleet in March and April, respectively?
March | April | |
Total cost | $___ | $___ |
B. What were the cost per mile to operate the fleet in March and April, respectively? If required, round your answers to nearest cent.
March | April | |
Cost per mile | $___ | $___ |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started