You have accepted a project that includes visiting 10 retail locations. Your hourly rate is $12/hour. After completing the 10 locations you have accumulated the following expenses: 5.75 hours worked on the project, 135 miles traveled (paid from mile 1 at $0.30 per mile), and $3.55 total was spent on purchasing product. What are your total expenses?
5.75 * 12 = $69
135 * 0.3 = $40.5
69 + 40.5 + 3.55 = ?
113
To find your total expenses, we need to calculate the costs for the hours worked, miles traveled, and product purchases separately, and then add them up.
1. Hours worked:
You worked 5.75 hours on the project, and your hourly rate is $12/hour. To calculate the cost for the hours worked, multiply the hours by the hourly rate:
Cost of hours worked = 5.75 hours * $12/hour
2. Miles traveled:
You traveled 135 miles for the project, and the cost per mile is $0.30. To calculate the cost for the miles traveled, multiply the miles by the cost per mile:
Cost of miles traveled = 135 miles * $0.30/mile
3. Product purchases:
You spent a total of $3.55 on purchasing product for the project.
Now, let's calculate each expense separately:
Cost of hours worked = 5.75 hours * $12/hour
Cost of hours worked = $69
Cost of miles traveled = 135 miles * $0.30/mile
Cost of miles traveled = $40.50
Total expenses = Cost of hours worked + Cost of miles traveled + Cost of product purchases
Total expenses = $69 + $40.50 + $3.55
Therefore, your total expenses amount to $113.05.