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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 $ 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 $ per hour, which includes free miles, or for a $ daily rate, which includes free miles per day, and a charge of $ per mile for each mile over
Required:
Assume you will take a twoday trip to visit some friends over the weekend and you will drive miles. What is the total cost of this trip?
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 miles. You will also take a trip over a threeday weekend to visit your family and expect the trip will cover a total of miles. How much do you expect your Zipcar costs to be for the coming month?
Identify each carrelated cost as fixed or variable.
Identify each listed item as a competitive advantage or challenge.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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