Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $80,840 in March and rose to $95,060 In April.
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $80,840 in March and rose to $95,060 In April. It costs Western Trucking $0.16 per mile in variable costs. In March, the delivery trucks were driven a total of 86,000 miles, and in April, they were driven a total of 98,000 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 $ 93,774.4 X $ 110,269.6 x B. What were the cost per mile to operate the feet in March and April, respectively? If required, round your answers to nearest cent. March April 110,269.6 Cost per mile $ 93,774.4 x Feedback Check My Work Determine total costs (which includes fixed and variable costs). Once the total cost is determined, divide by the number of units to determine the per cost amount. Dne
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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