Crystal Clear Water Hauling wants to determine a fuel surcharge ...

[torybrooks]

Crystal Clear Water Hauling wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Crystal Clear Water Hauling has the following data available.

Month	Miles driven	Total operating costs
January	15,900	$27,500
February	17,300	$29,910
March	18,500	$29,830
April	16,100	$28,600
May	17,100	$28,800
June	15,500	$26,830

The variable cost per mile using the high-low method is
◦ $1.61
◦ $1.73
◦ $1.00
◦ $0.97

[katheyjon]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 35% of students answer this correctly

[kaid0807]

Crystal Clear Water Hauling wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Crystal Clear Water Hauling has the following data available.

Month	Miles driven	Total operating costs
January	15,900	$27,500
February	17,300	$29,910
March	18,500	$29,830
April	16,100	$28,600
May	17,100	$28,800
June	15,500	$26,830

Using the high-low method for Crystal Clear Water Hauling, the fixed costs in a month are
◦ $56,660
◦ $11,330
◦ $18,500
◦ $3,000

[mtmmmmmk]

$11,330

[madam-professor]

Crystal Clear Water Hauling wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Crystal Clear Water Hauling has the following data available.

Month	Miles driven	Total operating costs
January	15,900	$27,500
February	17,300	$29,910
March	18,500	$29,830
April	16,100	$28,600
May	17,100	$28,800
June	15,500	$26,830

Using the high-low method, the monthly operating costs if Crystal Clear Water Hauling drives 18,000 miles in a month will be
◦ $29,330
◦ $18,000
◦ $36,500
◦ $11,330

[Heffejeff]

$29,330