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MMLU-Pro / 661 / A salesman for the Filler Brush Company is compensated for his auto costs at a…

Problem

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question

A salesman for the Filler Brush Company is compensated for his auto costs at a rate of 8\textcent a mile. His fixed costs are $500 and he has a variable cost of 5\textcent a mile. How many miles would he have to travel in order to break even (cover expenses), yet still earn no profit over fixed costs?

category

business

options

  1. 30,000 miles
  2. 18,000 miles
  3. 14,000 miles
  4. 15,000 miles
  5. 12,500 miles
  6. 16,667 miles
  7. 20,000 miles
  8. 25,000 miles
  9. 17,500 miles
  10. 22,000 miles

src

stemez-Business

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