PLEASE HELP ME WITH THESE $2$ SEPARATE QUESTIONS

Kristen Lu purchased a used automobile for $$21,500$ at the beginning of last year and incurred the following operating costs:

The variable operating cost consists of gasoline, oil, tires, maintenance, and repairs. Kristen estimates, at her current rate of

usage, the car will have zero resale value in five years, so the annual straight$-$line depreciation is $$4,300.$ The car is kept in a

garage for a monthly fee.

Required:

Kristen drove the car $28,000$ miles last year. Compute the average cost per mile of owning and operating the car.

Note: Round your answers to $2$ decimal places.

Kristen is unsure about whether she should use her own car or rent a car to go on an extended cross$-$country trip for two

weeks during spring break. What costs above are relevant in this decision?

Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a

correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left

with a question mark will be automatically graded as incorrect.

Variable operating costs

Depreciation

Automobile tax

License costs

Insurance costs

Exercise $13-2($Algo$)$ Dropping or Retaining a Segment $[$LO$13-2]$

The Regal Cycle Company manufactures three types of bicycles$-$a dirt bike, a mountain bike, and a racing bike. Data on

sales and expenses for the past quarter follow:

$*$Allocated on the basis of sales dollars.

Management is considering discontinuing the racing bikes. The special equipment used to produce racing bikes has no

resale value and does not wear out.

Required:

What is the financial advantage $($disadvantage$)$ per quarter of discontinuing the Racing Bikes?

Should the production and sale of racing bikes be discontinued?

Complete this question by entering your answers in the tabs below.

Required $2$

What is the financial advantage $($disadvantage$)$ per quarter of discontinuing the Racing Bikes?

Complete this question by entering your answers in the tabs below.

Required $1$

Should the production and sale of racing bikes be discontinued?