Mumbai Transport Ltd operates a fleet of lorries. The following information relates to lorry 10 for the

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Mumbai Transport Ltd operates a fleet of lorries. The following information relates to lorry 10 for the month of June:image text in transcribed

Operating costs (June): Petrol, oil, and grease, ₹9,600; Wages - driver, ₹10,000, attendant, ₹6,000 and mechanic, ₹6,000. Maintenance costs (estimated for the year): ₹9,600. Fixed costs (estimated for the year):
Insurance, ₹9,600, Road tax, ₹3,600 and miscellaneous, ₹2,400. Capital cost, ₹7,26,000; Residual value estimated to be ₹1,20,000 with an effective life of 5 years. Administration and other overheads for the year, ₹1,20,000.
Prepare operating cost statement determining cost per km operated.

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