Question: Problem 7 - 1 1 ( Algo ) Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at

Problem 7-11(Algo)
Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 45 cents per mile. Aldo estimates that his fixed costs per year-such as taxes, insurance, and depreciationare $1,900. The direct or varlable costs - such as gas, oll, and maintenance-average about 14.5 cents per mile.
How many miles must he drive to break even?
Note: Do not round Intermedlate calculations. Roundup your answer to the next whole number.
Answer is complete but not entirely correct.
Break even point
miles
Problem 7-11(Algo) Aldo Redondo drives his own car on company business.

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