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Break Even Analysis for Aldo Redondo

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Aldo Redondo drives his own car on company business. His employer reimburses him for travel at the rate of 36 cents per mile. Aldo estimates that his fixed cost per year such as taxes, insurance and depreciation are $2052. The direct or variable costs such as gas, oil and maintaince average about 14.4 cents per mile. How many miles must he drive to break even?

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break even analysis
Aldo Redondo drives his own car on company business. His employer reimburses him for travel at the rate of 36 cents per mile. Aldo ...

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