Max Bunton is considering purchasing a new car. The price of the car is $41000, and Max hopes to keep it 7 years and then sell it for $9800. Based on past experience, Max drives about 11,000 km per year and lives in a downtown apartment where they must pay a $61 per month parking fee.Max has budgeted the following automobile expense items for the next 7 years: Expense Cost Fixed/Variable Gasoline(8.8L Per 100KM)($2.05 Per Liter) $rJ Variable Licence/Registration $963 Fixed Insurance $4347 Fixed Maintenance $3080 Variable Tires ($1387 per set that last 55000KM) sr] Variable Parking (84 Months) $5124 Fixed Interest $3290 Fixed Depreciation (STRAIGHT LINE) $D Fixed CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: TOTAL KMS 77000KM TOTAL FIXED COSTS (TFC) $:| AVG. FIXED COSTS / KM 3 TOTAL VARIABLE COSTS (TVC) $:] AVG. VARIABLE COSTS / KM g TOTAL COSTS (TC) 53 AVG. TOTAL COSTS/KM s/ ] Maxand their friend Hanzelplan to drive the car to Vancouverfor a trip. The one way trip from Edmonton to Vancouver is expected to be 1160km, 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 Vancouver [KM Cost of Gas Only $E Variable Cost Only 5[, Total Costs s(_| Below is a chart with different distances and their total cost for this vehicle please find the marginal costs for as distance increases. Distance(KM) Total Costs($) Marginal Costs($) PER KM 0 $D - 25000 $50798 $[ | 50000 $56085 s 75000 $62790 s/ 100000 $69886 3;: 125000 77501 5: 150000 $87317 s/ | Instead of selling or getting rid thier car after 7years, Maxdecide to start using their vehicle in a business. Maxwill be providing ride hailing service with their vehicle (UBER). See below for the graph of the total and average costs for the next 4years. The total fixed costs are 13000for this period. Price Per KM($) F G H 1 KM DRIVEN (000s KM) PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION F= 22KN0 G= 27K0 H= 33110 |= 35KNI0 What is the TFC at G? What is the AFC at G(2 Decimals)? | | If AVC is 1.95at G what is the TVC? | | What is the ABNORMAL PROFITQuantity (PUT LETTER)? :] What is the OPERATIONAL LOSSQuantity (PUT LETTER)?] ATC at Gis; $4.32/KM TC at His: $138600 Find the Marginal Cost between Gand H(Answer to 2 Decimals and always positive)?$D If Price of an UBER RIDE is $1.8/KM: What is the number of KMs Driven by Max?[ KM What is the total Revenue at this point? $D What is the total Cost at this point if AVC is $1.8 per KM? $:] What is the Profit/Loss at this point? $D