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The Zipcar website provides details on membership and mentions a $ 7 . 0 0 monthly membership fee. A car can be rented for an

The Zipcar website provides details on membership and mentions a $7.00 monthly membership fee. A car can be rented for an hourly or daily rate. While the actual rate can vary, a car can be rented for about $9.00 per hour, which includes 20 free miles, or for a $73 daily rate, which includes 180 free miles per day, and a charge of $0.45 per mile for each mile over 180.
Required:
1. Assume you will take a two-day trip to visit some friends over the weekend and you will drive 400 miles. What is the total cost of this trip?
2. You are trying to estimate your monthly spending on your Zipcar membership. You plan to make four weekly trips to run errands like grocery shopping, going to the pharmacy, etc. Each trip will take about two hours and be about 15 miles. You will also take a trip over a three-day weekend to visit your family and expect the trip will cover a total of 450 miles. How much do you expect your Zipcar costs to be for the coming month?
3. Identify each car-related cost as fixed or variable.
4. Identify each listed item as a competitive advantage or challenge.

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1 To calculate the total cost of the trip we need to consider the membership fee the daily rate for two days and any additional mileage charges Member... blur-text-image

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