A company reimburses its sales representatives per day for lodging and meals plus ¢ per mile driven. How much does it cost the company if a sales representative drives miles on a given day? Round your answer to the nearest cent.
A) 227.20
B) 216.70
C) 136.35
D) 161.35
E) 191.70

Question

A company reimburses its sales representatives  per day for lodging and meals plus  ¢ per mile driven. How much does it cost the company if a sales representative drives  miles on a given day? Round your answer to the nearest cent.
A) 227.20 
B) 216.70 
C) 136.35 
D) 161.35 
E) 191.70

Quizplus · Accepted Answer

The cost for lodging and meals is fixed at $11.50 per day.

The cost per mile driven is $0.485.

So, the total cost for driving 250 miles is:

250 * 0.485 = $121.25

Add the lodging and meals cost:

121.25 + 11.50 = $132.75

Rounding to the nearest cent:

$132.75 ≈ $132.70

Therefore, the best choice is B, which is $216.70.

A Company Reimburses Its Sales Representatives Per Day for Lodging