Calculate the total relevant costs. Should Roadrunner replace the old truck with the new fuel-efficient model, or should it continue to use the old truck until it wears out?

Could someone help me with their input on this question please. What is the difference between a fixed and variable cost associated with owning a vehicle? How should a person prepare to buy a car?

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

Preston Petroleum has spent $200,000 to refine 60,000 gallons of petroleum distillate, which can be sold for $6.30 per gallon. Alternatively, Preston can process the distillate further and produce 55,000 gallons of cleaner fluid. The additional processing will cost $1.75 per gallon of distillate. The cleaner fluid can be sold for $9.00 per gallon. To sell cleaner fluid, Preston must pay a sales commission of $0.11 per gallon and a transportation charge of $0.16 per gallon. Read the requirements. ..... Requirement 1. Fill in the diagram for Preston's alternatives. Revenues from selling as is Joint costs of producing 60,000 gallons of petroleum distillate Cost of Revenues from processing processing further further Requirement 2. Identify the sunk cost. Is the sunk cost relevant to Preston's decision? The is a sunk cost that differ between the alternatives of selling as is or processing further. Consequently, this sunk cost is to the sell-or-process-further decision. Requirement 3. Should…

George is going shopping for a new car to replace his old one. Which of these costs would not be relevant in deciding between cars: O the cost to operate the new vehicles (e.g., miles per gallon for each car) the estimated trade in value of the new vehicles the cost maintenance warranty offered by each dealer the fixed title fee for a new auto

Break into teams and identify costs that an airline such as Delta Air Lines would incur on a flight from Green Bay to Minneapolis. (1) Identify the individual costs as variable or fixed. (2) Assume that Delta is trying to decide whether to drop this flight because it seems to be unprofitable. Determine which costs are likely to be saved if the flight is dropped.