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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 82 times)

OSWALD

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on: Jun 24, 2018
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

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Reply #1 on: Jun 24, 2018
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


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OSWALD

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Reply #2 on: Jun 24, 2018
Thank you


Kaytorgator

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Reply #3 on: Jun 24, 2018
No problemo


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