Ellis Dover is a scout for a Major League Baseball team based in Phoenix, Arizona. Ellis needs to travel to Los Angeles, California on June 1 to perform a variety of professional functions prior to the team travelling to Los Angeles to play. If Ellis flies, he could catch a 6 a.m. flight on June 1. In order to perform all of his professional responsibilities, Ellis will need to spend the night and catch a flight on June 2nd to return to Phoenix. If Ellis flies, he will need to rent a car for $38 per day. To cover meals and other incidental expenses, Ellis will receive $45 per day per diem for each day he works out of town. Flights between Phoenix and Los Angeles can be purchased for $89 one way.
Phoenix is approximately 300 miles from Los Angeles, a 5-hour drive at speed limits permitted on the freeways connecting the two cities. If he drives from Phoenix to Los Angeles, Ellis would need to leave the afternoon of May 31 and would be reimbursed $.50 per mile. He would need to spend 2 nights in a hotel, the night of May 31 and the night of June 1. He would return to Phoenix by car on June 2nd. The hotel used by the team charges $160 per night. What is the relevant cost of flying?
A) $414
B) $254
C) $459
D) $504
Correct Answer:
Verified
Q46: Which of the following costs would be
Q55: Ellis Dover is a scout for a
Q56: Ellis Dover is a scout for a
Q58: Sunk cost are classified as
A)Irrelevant.
B)Avoidable.
C)Opport
D)None of these
Q59: Once viable alternatives have been identified
Q63: Harmony Forge manufactures saddles for show horses.The
Q64: Many small businesses hire a local CPA
Q65: Which of the following is
Q74: Impala Industries manufactures a component used by
Q79: Your friend purchased a non-refundable ticket to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents