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It's three parts to the one question Question 6 of 6 -19 View Policies Current Attempt in Progress Cast-volume-profit analysis can also be used in

It's three parts to the one question

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Question 6 of 6 -19 View Policies Current Attempt in Progress Cast-volume-profit analysis can also be used in making personal financial decisions. For example, the purchase of a new car is one your biggest personal expenditures. It is important that you carefully analyze your options. Sup se that you are considering the purchase of a hybrid vehicle. Let's assume the following facts, The hybrid will initially cost an additional $3,780 above the cast of a traditional vehicle. The hybrid will get 50 miles per gallon of gas, and the traditional car will 40 miles per gallon. Also, assume that the cost of gas is $3.60 per gallon. Using the facts above, answer the follow What is the variable gasoline cost of going one mile in the hybrid car? What is the variable cost of going one mile in the traditional wowers to 2 decimal places, ex. 0.25) Hybrid car Traditional car e Texbook and Media Attempts O of 5 used Submit Areer " miles" is your unit of measure, what is the "contribution margin" of the hybrid vehicle we to the brad nal vehicle? That is, express the variable cost savings on : per-mile basis. (Round answer to 2 decimal places The savings per mile e Textbook and Media Attempts: 0 of 5 used Submit Arareer would you have to drive in order to break even on your investment in the hybrid car? e Textbook and Media Attempts 0 of 5 used Said for Later

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