You have gathered the following vehicle costs:Vehicle CostsAnnual depreciationCurrent year's loan interestInsuranceLicense and registration feesParking and tollsAnnual mileageMiles per gallonAverage gasoline priceOil changes and repairsRequired aa. Calculate the annual variable and fixed costs of the vehicle.b. Compute the operating cost per mile.Required bOperatingcost$ 3,900$ 1,450$ 1,410Complete this question by entering your answers in the tabs below.$ 66$ 42419,3000.6 X24$ 3.40 per gallon$ 438cents permileCompute the operating cost per mile.Note: Do not round intermediate calculations. Enter your answer in cents rounded to 1 decimal placeAnswer is complete but not entirely correct.< Required aRequired bD

Variable Cost: Variable costs are expenses that vary in direct proportion to the level of activity…

Answered: You have gathered the following vehicle…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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M, or L, for Design a method that calculates the monthly cost to rent a roadside billboard. Variables include the size of the billboard small, medium, or large) and its location (H, M, or L for high-, medium-, or low-traffic areas). The method should throw an exception if the size or location code is invalid. The monthly rental cost is shown in Table 11-1. High Traffic Medium Traffic Low Traffic Small size 900.00 500.00 200.00 Medium size 1600.00 1200.00 600.00 Large size 2000.00 1500.00 800.00 Table 11-1 Monthly billboard rental rates
The cost of financing a new car has risen by 134 basis points. This mean that financing cost of a new car has increase by what percent? Enter answer by numbers. For example .90 .80 1.90
Data for two 50-h motors are follows: Power cost is 2.00 per kWh. If money is worth 20%, how many hours per year would themotors have to be operated at full load for them to be equally economical? If theexpected number of hours of operation per year exceeds the break-even point,which motor is more economical? (Use ROR and AC and draw the breakeven chart)
Car A initially costs $500 more than Car B, but it consumes 0.04 gallon/mile versus 0.05 gallon/mile for B. Both vehicles last 8 years, and B’s salvage value (the value when it is traded in after 8 years) is $100 smaller than A’s. Fuel costs $2.40 per gallon. Other things being equal, at how many miles of use per year (X) is A preferred vs. B?
please give me answer dont give answer in image format
A company needs a 33 tonnage refrigeration system. Knowing that a 20 tonnage similar refrigeration system only cost $100,000 15 years ago when the approximate cost index was 150, and that the cost index now is 370. The cost-capacity factor for a refrigeration system is 0.53. 1) estimate the required cost for the 33 tonnage refrigeration system in current year. 2) If borrowing the amount of required money is from a bank in current year and the bank interested rate is 6% per year, find the equivalent value (FW) as a single payment payed back to the bank in 15 years.
3. A used car M costs $4,900.00 and operating costs are 11 cents per mile. At the end of 5 years you estimate its selling price to be $1,500.00. Another used car N costs $6,000.00 and operating costs are 9 cents per mile. At the end of 5 years you estimate the selling price to be $X. Assume you will be driving 15,000 miles per year. Determine the value of X so the two cars are equally worth to you at i=7%.
Neptune Rentals operates a boat rental service. Consider the following costs of the company over the rel- evant range of 5,000 to 8,000 hours of operating time for its boats: Total costs: Variable costs Fixed costs. Total costs Cost per hour: Variable cost. Fixed cost. Total cost per hour .... 5,000 $ Hours of Operating Time 6,000 $ 20,000 $ 168,000 $188,000 ? ? ? GA $ 69|| ? $ ? LA ? ? ? $ 7,000 ? 15155 ? C ? $ ? ? $ 69 8,000 Gall $ ~ 2. ? ? Required: Compute the missing amounts, assuming that cost behavior patterns remain unchanged within the relevant range of 5,000 to 8,000 hours.
suppose you sell 8,000 of the 3 pack lenses described in question 3 above in one year. You cost on each 3 pack is $29.95 and you sell them for $59.95. if your operating expenses for the year total $144.080, what are your Net Income and Net profif margin percentage?
Oak Island Amusements Center provides the following data on the costs of maintenance and the number of visitors for the last three years. Number of Visitors per Year(thousands) Maintenance Costs($000) 1,830 $ 2,316 2,010 2,559 2,700 3,360 Required: a. Use the high-low method to estimate the fixed cost of maintenance annually and the variable cost of maintenance per visitor. (Enter your answers in dollars not in thousands of dollars. Round "Variable cost" answer to 2 decimal places.) b. The company expects a record 2,000,000 visitors next year. What would be the estimated maintenance costs? (Enter your answer in dollars not in thousands of dollars.)
Because of its age, your car costs $7,000 annually in maintenance expense. You could replace it with a newer vehicle costing $8,800 that would be expected to have a life of 8 years. If your opportunity cost of capital is 3%, by how much must maintenance expense decrease on the new vehicle to justify its purchase? $ Correct 1,253.62±1
Which of the following would be classified as a fixed cost in the operation of a motor vehicle? A. Oil change every 10,000 kilometres B. Petrol OC. Insurance OD. Tyre replacement

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