How many miles must he drive to break even

Reference no: EM13838282

Aldo redondo drives his own car on company business.His employer reimburses for such a travel at the rate of 36 cents per mile.Aldo estimates that his fixed cost per year such as taxes, insurance and depreciation are $2,052.The direct or variable cost such as gas, oil, and maintenance average about 14.4 cents per mile.How many miles must he drive to break even.

Reference no: EM13838282

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