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pter 11 Graded Homework 0 Help Save S. Clicy work 1 Exercise 11-14 (Algo) Identification of Relevant Costs (LO11-11 Kristen Lu purchased a used automobile
pter 11 Graded Homework 0 Help Save S. Clicy work 1 Exercise 11-14 (Algo) Identification of Relevant Costs (LO11-11 Kristen Lu purchased a used automobile for $9,200 at the beginning of last year and incurred the following operating costs ants bos Depreciation ($9.700 years 1,80 Inounce 1.000 Carage rent sod Automobile tax and conse 26 Variable operating cont $0.14 per The variable operating cost conspts of gasoline, of, tires, maintenance and repairs, Kristen estimates that other current rate of age, the car will have zero resale value in five years, so the annual straight-line depreciation is $1840. The car is in a garage for monthly fee Required: 1. Kristen drove the car 12.000 miles last year. Compute the average cost per mile of owning and operating the caround your answers to 2 decimal places.) Bences Average cost per me Variable operating cost permite Average costume Retro Hele Sutim 1 Check my work Average foed cost per mile Variable operating cost per mile Average cost per mile 25 points 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 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 box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) variable operating costs Deco Automobile inance Not )
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