Author Question: The former owner of a used car told the new buyer that the car could travel for 36.4 miles on one ... (Read 84 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The former owner of a used car told the new buyer that the car could travel for 36.4 miles on one gallon of gasoline. The buyer tested the car by driving it for 170 miles on 4.5 gallons of gasoline. Was this better or worse than the claim, and by how many miles per gallon? (Round to the nearest tenth.)

Question 2

A small-appliance merchant using the average cost method of valuing inventory has 65 toasters remaining in inventory. The merchant purchased toasters over a three-month period as follows: 40 purchased at 8.00 on April 1, 60 purchased at 7.70 on May 1, and 20 purchased at 7.80 on June 1 . Compute the value of the ending inventory of toasters at average cost.



Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

170 miles  4.5 gallons = 37.8 miles per gallon;
37.8 - 36.4 = 1.4 miles per gallon better

Answer to Question 2

508.08 or 508.30



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library