Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill s friend,
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Question:
Bill has just returned from a duck hunting trip. He brought home eight ducks. Bills friend, John, disapproves of duck hunting, and to discourage Bill from further hunting, John presented him with the following cost estimate per duck:
Camper and equipment:
Cost, $; usable for eight seasons; hunting trips per season $
Travel expense pickup truck:
miles at $ per mile gas oil, and tires$ per mile; depreciation and insurance$ per mile
Shotgun shells two boxes per hunting trip
Boat:
Cost, $ usable for eight seasons; hunting trips per season
Hunting license:
Cost, $ for the season; hunting trips per season
Money lost playing poker:
Loss, $Bill plays poker every weekend whether he goes hunting or stays at home
Bottle of whiskey:
Cost, $ per hunting trip used to ward off the cold
Total cost $
Cost per duck $: ducks $
Required:
Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season?
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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