The cost of repairs on the automobile is $1,437 when the preventative maintenance plan is $896, and the cost of replacing the battery and the starter is $98 and $443.
<h3>What is the meaning of repairs?</h3>
Repairs costs are incurred when the asset is replaced, destroyed, or depreciated after a certain period of time. They are the expenses for the company.
Given values:
Preventative maintenance plan: $896
Replacement cost of battery: $98
Replacement cost of starter: $443
Computation of repairs cost:
Therefore, the cost of repairs amounts to $1,437 on the automobile.
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