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 107 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library