Exercise 13-1 (Algo) Identification of Relevant Costs [LO13-1] Kristen Lu purchased a used automobile for $18,950 at the beginning of last year and incurred the following operating costs: The variable operating cost consists of gasoline, oll, tires, maintenance, and repairs. Kristen estimates, at her current rate of usage, the car will have zero resale value in five years, so the annual straight-line depreciation is $3,790. The car is kept in a garage for a monthly fee Required: 1. Kristen drove the car 18,000 miles last year Compute the average cost per mile of owning and operating the car Note: Found your answers to 2 decimal places. 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. dunng spring break. What costs above are relevant in this decision? Note: 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 box for o wrong answer. Any boxes left with a question mork will be automatically graded as incorrect. Vorlabie optrating costs Cepreciation Authobne tas Dernsecosh hournince conts