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SCM 9.49.5 Notes 1 December 03, 2014 Vocab: Liability Insurance Collision Insurance Comprehensive Insurance Deductible Annual Premium

December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

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Page 1: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

1

December 03, 2014

Vocab:

Liability Insurance ­

Collision Insurance ­

Comprehensive Insurance ­

Deductible ­

Annual Premium ­

Page 2: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

2

December 03, 2014

Page 3: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

3

December 03, 2014

Page 4: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

4

December 03, 2014

Page 5: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

5

December 03, 2014

Vocab:

Variable Costs ­

Fixed Costs ­

Depreciation ­

Page 6: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

6

December 03, 2014

Page 7: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

7

December 03, 2014

Page 8: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

8

December 03, 2014

Page 9: December 03, 2014 Mabak incurs $2,818.00 in annual fixed costs to operate his car. He estimates that he will drive 22,500 miles during the year. What are his annual variable costs

SCM 9.4­9.5 Notes

9

December 03, 2014