Question: can you please show all work step by step QUESTION 2 a) Lauren drives her own car on company business. Her own company reimburses her
can you please show all work step by step
QUESTION 2 a) Lauren drives her own car on company business. Her own company reimburses her at the rate of 42 cents per mile. Lauren estimates that her fixed costs per year such as taxes, insurance, and depreciation are $2025. The variable costs such as gas, oil, and maintenance are about 13.3 cents per mile. How many miles must she drive to break even? 2.b) Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50. What is the break-even point? How many units must be sold to make a profit of $500? How many units must be sold to average S0.25 profit per unit
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