Business, Mathematics

9th -

12thgrade

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8.5 Worksheet

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11 questions

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  • 1. Multiple Choice
    15 minutes
    1 pt

    The formula for Cost per Mile is

    (Annual Variable Cost + Annual Fixed Cost) / Number of miles driven

    The answer is the other option

  • 2. Multiple Choice
    15 minutes
    1 pt

    Find the total cost and the cost per mile.

    Variable Cost: $900

    Fixed Cost: $1700

    Miles Driven: 10,000

    Total Cost: $2600 ; Cost Per Mile: $0.26

    Total Cost: $2600 ; Cost Per Mile: $2.60

    Total Cost: $1700 ; Cost Per Mile: $0.26

    Do not forget to submit your work!!!

  • 3. Multiple Choice
    15 minutes
    1 pt

    Find the total cost and the cost per mile.

    Variable Cost: $1137.26

    Fixed Cost: $2491.24

    Miles Driven: 12,000

    Total Cost: $3,000 ; Cost Per Mile: $0.30

    Total Cost: $3628.50 ; Cost Per Mile: $3.00

    Total Cost: $3628.50 ; Cost Per Mile: $0.30

    Do not forget to submit your work!

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