Daniel is planning to rent a car for an upcoming four-day business trip. the car rental agency charges a flat fee of $29 per day plus $0.12 per mile driven. daniel plans to drive 140 miles on day 1 of his trip, 15 miles on day 2, 15 miles on day 3, and 140 miles on day 4. what are daniel’s total variable costs for the car rental?
.12 (140+15+15+140) =
.12(310)=$37.20
His total variable cost is $37.20
Answer:
$37.2
Step-by-step explanation:
It is given that the car rental agency charges a flat fee of $29 per day plus $0.12 per mile driven.
Fixed cost = $29 per day
Variable cost = $0.12 per mile driven
Daniel plans to drive 140 miles on day 1 of his trip, 15 miles on day 2, 15 miles on day 3, and 140 miles on day 4.
Total distance cover by Daniel in these 4 days is
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Total variable cost = Variable cost per mile × Total distance
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Therefore, the daniel’s total variable costs for the car rental is $37.2.