Question

For the past two years Lynda Santana has recorded the costs of operating her car. They total $1,600 (fixed costs) and $2,134 (variable costs). She has driven a total of 14,000 miles. What was her cost per mile?

Answer 1

Total cost=fixed cost+variable cost
Total cost=1,600+2,134=3,734

Her cost per mile
3,734÷14,000=0.27 per mile