The Road Transport Company, which keeps a fleet of lorries, shows the following information: Kilometres run for
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The Road Transport Company, which keeps a fleet of lorries, shows the following information:
Kilometres run for April 1994 30,000 Wages for April Rs 2,000 Petrol, oil, etc. for April Rs 4,000 Original cost of vehicles Rs 1,00,000 Depreciation to be allowed @ 25%
per annum on original cost Repairs for the month of April Rs 6,000 Garage rent, etc. for April Rs 1,000 Licence, Insurance, etc. for the year Rs 6,000 Prepare a statement for April 1994 showing the fixed and variable cost per running km.
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