How many miles must he drive to break even

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Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 47 cents per mile. Aldo estimates that his fixed costs per year such as taxes, insurance, and depreciation are $2,400. The direct or variable costs such as gas, oil, and maintenance average about 20.0 cents per mile. How many miles must he drive to break even? (Do not round intermediate calculations. Round your final answer to the nearest integer.) Break even point miles.

Reference no: EM131762718

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