Exerclse $11-16($Algo$)$ Identification of Relevant Costs $[$LO$11-1]$

Bill has Just returned from a duck hunting trip. He brought home elght ducks. Bill's frlend, John, dlsapproves of duck hunting, and to

dlscourage Bill from further huntling. John presented him with the following cost estlmate per duck.

Canper and equipnent:

Cost, $$13,060$; usable for eight seasons; $14$ hunting trips per season $$116$

Travel expense $($pickup truck$)$:

$100$ miles at $$0\mathrm{.}42$ per nile $($gas$,$ oil, and tires$-$$$0\mathrm{.}26$ per mile; depreciation

and insurance$-$$$0\mathrm{.}16$ per mile$)42$

Shotgun shells $($two boxes per hunting trip$)25$

Boat:

Cost, $$2,800,$ usable for eight seasons; $14$ hunting trips per season $25$

Huriting license:

Cost, $$60$ for the season; $14$ hunting trips per season $4$

Money lost playing poker:

Loss, $$34($Bill plays poker every weekend whether he goes hunting or stays at hone$)$

Bottle of whiskey:

Cost, $$20$ per hunting trip $($used to ward off the cold$)$

Total cost

Cost per duck ducks