6 Exercise 13-16 (Algo) Identification of Relevant Costs (LO13-1] Help Save & Ex Sub Bill has just returned from a duck hunting trip. He brought home eight ducks. Bil's friend, John, disapproves of duck hunting, and to discourage Bill from further hunting, John presented him with the following cost estimate per duck: Comper and equipment: 2 pos Cost, $18,000, usable for eight seasons; 14 hunting trips per season Travel expense (pickup truck) $161 100 miles at se.44 per mile igas, oil, and tires-58.28 per aile; depreciation and Insurance-s0.16 per mile) 44 20 Boati 20 References Shotgun shells (two boxes per hunting trip) Cost, $2,240, usable for eight seasons; 14 hunting trips per season Hunting Licenses Cost, $50 for the season; 14 hunting trips per season Money lost playing poker: Loss, $22 (Bill plays poker every weekend whether he goes hunting or stays at home) Bottle of whiskey: Cost, $15 per hunting trip (used to ward off the cold) Total cost Cost per duck ($286 +8 ducks) Required: 22 15 286 Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season? 2. Suppose Bill gets lucky on his next hunting trip and shoots 14 ducks using the same amount of shotgun shells he used on his previous hunting trip to bag 8 ducks. How much would it have cost him to shoot the last six ducks? Complete this question by entering your answers in the tabs below. Required 1 Required 2 2 Cost per duck ($206 8 ducks) Required: $36 1 Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season? 2. Suppose Bill gets lucky on his next hunting trip and shoots 14 ducks using the same amount of shotgun shells he used on his previous hunting trip to bag 8 ducks. How much would it have cost him to shoot the last six ducks? Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Mc Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bil should go duck hunting again this season? Total Required 2 > 6 lock References munting Licenses Cost, $50 for the season; 14 hunting trips per season Money lost playing pokers ps per season Loss, $22 (Bill plays poker every weekend whether he goes hunting or stays at home) Bottle of whiskey: Cost, $15 per hunting trip (used to ward off the cold) Total cost Cost per duck ($286 +8 ducks) Required: 20 4 22 15 $286 $.36 1. Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season? 2. Suppose Bil gets lucky on his next hunting trip and shoots 14 ducks using the same amount of shotgun shells he used on his previous hunting trip to bag 8 ducks. How much would it have cost him to shoot the last six ducks? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Suppose Bil gets lucky on his next hunting trip and shoots 14 ducks using the same amount of shotgun shells he used on his previous hunting trip to bag 8 ducks. How much would it have cost him to shoot the last six ducks? Cost of last six ducks