Author Question: John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $10,000 to make it road ... (Read 72 times)

jessicacav · **on:** Mar 6, 2021

Question 1

In evaluating different alternatives, it is useful to concentrate on ________.
◦ variable costs
◦ fixed costs
◦ total costs
◦ relevant costs

Question 2

John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $10,000 to make it road worthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $10,000 cash. Sherry estimated the following costs for the two cars:

Trail Blazer

Grand Cherokee

Acquisition cost

$25,000

$10,000

Repairs

$10,000

-

Annual operating costs

(Gas, maintenance, insurance)

$2,780

$1,800

The cost NOT relevant for this decision is the ________.
◦ acquisition cost of the Trail Blazer
◦ acquisition cost of the Grand Cherokee
◦ repairs to the Trail Blazer
◦ annual operating costs of the Grand Cherokee

Jbrasil · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 30% of students answer this correctly