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3. John and Evelyn each own a vehicle of the same model. John drove a total of
27,612 miles, while Evelyn drove 9,821 miles. Both had fixed costs totaling
$2,357.04. John's variable cost totaled $4,822.03, and Evelyn's totaled $589.26.

a. How much money did John spend to operate and maintain his vehicle on a
cost-per-mile basis?

b. How much did Evelyn spend per mile?

Respuesta :

opudodennis

Answer:

a. $0.26/mile

b.$0.30/mile

Step-by-step explanation:

a. Given John's Fixed cost as $2357.04 and variable cost as $4822.03, miles driven as 27612 miles. his cost per mile can be calculated as:

[tex]Cost/Mile=\frac{Total \ Fixed Cost +Total \ Variable \ Cost}{Number \ of \ Miles}\\\\=\frac{2357.04+4822.03}{27612}\\\\=0.26[/tex]

Hence, John's cost per mile is $0.26

b. Given Evelyn's Fixed cost as $2357.04 and variable cost as $589.26, miles driven as 9821 miles. his cost per mile can be calculated as:

[tex]Cost/Mile=\frac{Total \ Fixed Cost +Total \ Variable \ Cost}{Number \ of \ Miles}\\\\=\frac{2357.04+589.26}{9821}\\\\=0.30[/tex]

Hence, Evelyn's cost per mile is $0.30

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