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Check Exercise 11-14 (Algo) Identification of Relevant Costs (LO11-1] 55 Kristen Lu purchased a used automobile for $16,700 at the beginning of last year and

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Check Exercise 11-14 (Algo) Identification of Relevant Costs (LO11-1] 55 Kristen Lu purchased a used automobile for $16,700 at the beginning of last year and incurred the following operating costs: Depreciation ($16,700 + 5 years) $ 3,340 Insurance $ 1,800 Garage rent $ 900 Autonobile tax and license $ 460 Variable operating cost 5 8.09 per mile The variable operating cost consists of gasoline, oil, tires, maintenance and repairs, Kristen estimates that other current rate of usage, the car will have zero resale value in five years, so the annual straight-line depreciation is $3,340.The car is kept in a garage for a monthly fee. Required: 1. Kristen drove the car 13,000 miles last year. Compute the average cost per mile of owning and operating the cat. (Round your answers to 2 decimal places.) Average fixed cost per milo Variable operating cost per mile Average cost per mile 2. Kristen is unsure about whether she should use her own car or rent a car to go on an extended cross country trip for two weeks during spring break. What costs above are relevant in this decision? (You may select more than one answer. Single click the box with

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