Bookmark question for later Which of the following are NOT costs that are relevant to the "total cost to own" of a car? a. Fuel b. Financing c. Estimated repair costs caused by an accident d. Insurance e. Maintenance f. None of the above; i.e., they are all relevant to the true costs of owning a car

Respuesta :

The statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.

What is total cost?

Total cost is the cost generated or cost incurred for producing a product or the expenses incurred for owing a product such as car.

Total cost formula is:

Total cost=Fixed cost+ Variables cost

If a person own a car it is important to know that all the following are the total cost that will be relevant to the cost of owing a car are:

  • Fuel
  • Financing
  • Repair costs
  • Insurance
  • Maintenance

Inconclusion the statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.

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