Break even analysis, Aldo Redondo drives his own new car on

Break even analysis

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Reference no: EM1377075

Aldo Redondo drives his own new car on firm business. His boss reimburses him for travel at the rate of thirty-six cents per mile. Aldo estimates that his fixed cost per year such as taxes, insurance and depreciation are $2052. The direct or variable costs such as gas, oil and maintaince average about 14.4 cents per mile. How many miles must he drive to break even?

Reference no: EM1377075

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