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Question`25. Universal's fixed costs are $4.78M per month for other fixed costs regardless of fleet size. Vehicle inventory management costs are fixed at $7.43M per
Question`25.
Universal's fixed costs are $4.78M per month for other fixed costs regardless of fleet size. Vehicle inventory management costs are fixed at $7.43M per month for a fleet of 21,666 cars. With the 21,666 fleet, total fixed costs for the fleet per month are $4.78M + $7.43M = $12.21M? What are total fixed costs per car per day? Enter the exact number to two decimal places.
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