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1 Amarjit Truckers, Ltd . operates a fleet of delivery trucks in North America. The company has determined that, if a truck is driven 1
Amarjit Truckers, Ltd operates a fleet of delivery trucks in North America. The company has determined that, if a truck is driven kilometres during a year, the average operating cost is cents per kilometre. If a truck is driven only kilometres during a year, the average operating cost increases to cents per kilometre. Required: Using the highlow method, estimate the variable and fixed cost elements of the annual cost of truct operation. Do not round intermediate calculations. Round the "Variable cost" to decimal places. Round "Fixed cost" to decimal places. tableVariable costper kilometreFixed costper year Express the variable and fixed costs in the form Do not round intermediate calculations. Round the "Variable cost" to decimal places. Round "Fixed cost" to decimal places. If a truck were driven kilometres during a year, what total cost would you expect to be incurred? Do not round intermediate calculations. Round "Total annual cost" to decimal places. Total annual cost
Amarjit Truckers, Ltd operates a fleet of delivery trucks in North America. The company has determined that, if a truck is driven kilometres during a year, the average operating cost is cents per kilometre. If a truck is driven only kilometres during a year, the average operating cost increases to cents per kilometre.
Required:
Using the highlow method, estimate the variable and fixed cost elements of the annual cost of truct operation. Do not round intermediate calculations. Round the "Variable cost" to decimal places. Round "Fixed cost" to decimal places.
tableVariable costper kilometreFixed costper year
Express the variable and fixed costs in the form Do not round intermediate calculations. Round the "Variable cost" to decimal places. Round "Fixed cost" to decimal places.
If a truck were driven kilometres during a year, what total cost would you expect to be incurred? Do not round intermediate calculations. Round "Total annual cost" to decimal places.
Total annual cost
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