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Instead of selling or getting rid thier car after 5 years, Jacque decide to start using their vehicle in a business. Jacque will be providing
Instead of selling or getting rid thier car after 5 years, Jacque decide to start using their vehicle in a business. Jacque will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 6 years. The total fixed costs are 36000 for this period. 0.8 Price Per KM(S) 0.1 100 M N 0 0 KM DRIVEN (000s KM) PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION M = 36,000 KM N = 45,000 KM O = 55,000 KM Q = 59,000 KM What is the TFC at 07 What is the AFC at O (2 Decimals)? If AVC is 0.35 at O, what is the TVC? What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at N is: 50.72/KM TC at O is: $38500 Find the Marginal Cost between N and O (Answer to 2 Decimals and always positive)?$ If Price of an UBER RIDE is $0.45/KM: What is the number of KMs Driven by Jacque? KM What is the total Revenue at this point? $ What is the total Cost at this point if AVC is $0.33 per KM? $ What is the Profit/Loss at this point? $Jacque Bunton is considering purchasing a new car. The price of the car is $69000, and Jacque hopes to keep it 5 years and then sell it for $17800. Based on past experience, Jacque drives about 17,000 km per year and lives in a downtown apartment where they must pay a $34 per month parking fee.Jacque has budgeted the following automobile expense items for the next 5 years: Expense Cost Fixed/Variable Gasoline(6.5L Per 100KM)($2.4 Per Liter) $ Variable Licence/Registration $552 Fixed Insurance $5309 Fixed Maintenance $4250 Variable Tires ($1485 per set that last 53000KM) $ Variable Parking (60 Months) $2040 Fixed Interest $4310 Fixed Depreciation (STRAIGHT LINE) $ Fixed CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: TOTAL KMS 85000KM TOTAL FIXED COSTS (TFC) AVG. FIXED COSTS / KM TOTAL VARIABLE COSTS (TVC) AVG. VARIABLE COSTS / KM TOTAL COSTS (TC) AVG. TOTAL COSTS/KM Jacque and their friend Jack plan to drive the car to Marineland for a trip. The one way trip from Edmonton to Marineland is expected to be 3350 km, and they plan to split the car costs 50-50. Calculate the TOTAL cost of the trip under the assumption that costs are split as follows. Total KMs Drive on the ROUND trip to Marineland OKM Cost of Gas Only s Variable Cost Only Total Costs Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Distance (KM) Total Costs($) Marginal Costs($) PER KM $ 25000 $68795 50000 $73552 75000 $79824 100000 $86513 125000 $93757 150000 $103351 $
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