Yan Li purchased a used vehicle for 8 500 one year ago He drove 15 000 miles during the year and kept a record of all his

Question

Yan Li purchased a used vehicle for 8 500 one year ago He drove 15 000 miles during the year and kept a record of all his expenses The variable costs totaled 2 972 50 and the fixed costs totaled 2 575 25 What was the cost per mile for Li to operate his vehicle last year O 2 70 0 37 O 0 20 O 0 16

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