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Kristen Lu purchased a used automobile for $21,500 at the beginning of last year and Incurred the following operating costs: Depreciation ($21,5885 years) Insuranice Garage rent Automobile tax and license Variable operating cost $ 4,300 $ 2,388 $ 1,288 $ 608 $ 0.13 per mile The varlable operating cost conslsts of gasoline, oll, tires, malntenance, and repalrs. Kristen estimates that, at her current rate of usage, the car will have zero resale value In five years, so the annual stralght-line depreclation is $4,300. The car ls kept in a garage for a monthly fee. Required: 1. Kristen drove the car 21,000 mles last year. Compute the average cost per mile of owning and operating the car. (Round your answers to 2 decimal places.) Average fixed cost per mile Variable operating cost per mile Average cost per mile 0.00 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 decislon? Assume that there is no decrease In the resale value of the car due to its use. (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 Depreclation Automoblle taX License costs Insurance costs

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