Answer:
8710 units
Step-by-step explanation:
<em>Step 1: Write all the data</em>
Fixed cost: $9000
Average variable cost: 9.3 per unit
Total cost: 90,000
Total units: x
<em>Step 2: Find the total variable cost</em>
Average variable cost is per unit so it has to be multiplied by the number of units to find the total variable cost.
Total variable cost = average variable cost per unit x number of units
Total variable cost = 9.3x
<em>Step 3: Make the formula for finding x</em>
Total cost = total fixed cost + total variable cost
90,000 = 9000 + 9.3x
81000 = 9.3x
x = 8709.67
Rounded off to 8710 units
!!
Answer:
The daily rate is $ 29 and the fee for each kilometer driven is $ 0.35.
Step-by-step explanation:
Since to rent a car, a person is charged a daily rate and a fee for each kilometer driven, and when Chena rented a car for 6 days and drove 320 km, the charge was $ 286.00, while when she rented the same car for 10 days and drove 900 km, the charge was $ 605.00, to determine the daily rate and the fee for each kilometer driven the following calculation must be performed:
286 = 6 days and 320 km
320/6 = 53,333 km
286/6 = $ 47,666
Thus, the value of 1 day and 53,333 km is $ 47,666.
605 = 10 days and 900 km
900/10 = 90 km
605/10 = $ 60.5
Thus, the value of 1 day and 90 km is $ 60.5.
90 - 53,333 = 36,666
60.5 - 47.666 = 12.833
12,833 / 36,666 = value per kilometer traveled
0.35 = value per kilometer traveled
(286 - (0.35 x 320)) / 6 = X
(286/112) / 6 = X
174/6 = X
29 = X
(605 - (0.35 x 900)) / 10 = X
(605 - 315) / 10 = X
290/10 = X
29 = X
Therefore, the daily rate is $ 29 and the fee for each kilometer driven is $ 0.35.
