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Exercise 11-14 (Algo) Identification of Relevant Costs [LO11-1] Kisten Lu purchased a used butamobile for $15,850 at the beginning of last year and incurted the
Exercise 11-14 (Algo) Identification of Relevant Costs [LO11-1] Kisten Lu purchased a used butamobile for $15,850 at the beginning of last year and incurted the following operaeng conts The varsable operating cost consist of gasoine, of, tres, molmenance, and repais Kraten estmates mat, st her currect iase of chage. the car will have zero resale value in five yeers, so the ancual straight-ine depreciation is $3370 The car is kept in a garage for a monthly fee: Required: 1. Krissen diove the car 12.000 mdes last year. Compute the average cost per mie of owning and operating tho car fRound your answers to 2 decimal places.) 2. Kristen is unsure about whether the should use her own cal or ient a car to go on an extended cioss-tountry wip for two week during spritig break. What costs above are relevant in this decifon? [Vou mpy select more than one answer, single click the bos with the question mark to produce a check mark for a correct answer and double cliek the bok with the questipa mark to enpty the box for a wrong answec. Any boxes left with a question mark will be avtomatically graded as incerrect.) 2. Kristen is unsure about whether she should use her own car or rent o 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 the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the bex for a wrong answer. Any boxes left with a question mark will be automatically groded as incorrect) Deprecietion Autamobile lnx 2 License conts 7 Insurance costs
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