13 Exercise 5A-3 (Algo) Cost Behavior: High-Low Method [LO5-10) 5 po Hol Chong Transport. Ltd. operates a fleet of delivery trucks in Singapore. The company has determined that a truck driven 93.000 kilometers during a year, the average operating cost is 92. conts per kilometer it a truck is driven only 62.000 bolometers during a year, the average operating cost increases to 99 cents per kilometer Required: 1. Using the high low method estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the feet of trucie 2. Express the variable and food costs in the form Ya+bX 3. a truck were driven 77,500 kilometers during a year what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks (Do not round your intermediate calculation Round the Variable cont per kilometer to decimal places.) Variable cost Feed cost per kilometer per year Required 2 > Exercise 5A-3 (Algo) Cost Behavior: High-Low Method (L05-10) 13 Ho Chong Transport Ltd. operates a fleet of delivery trucks in Singapore The company has determined that if a truck is driven 93000 kilometers cuning a year, the average operating cost is 92 cents per kilometer i truck is diven only 62.000 kometers during a year, the average operating cost increases to 0.9 cents per kilometer Required: 1. Using the high-low method, estimate the variable operating cost per kilometer and the annual tied operating cost associated with the feet of trucs 2. Express the variable and fixed costs in the form Ya.X 3. If a truck were driven 77,500 kilometers during a year what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. Required: fuired 2 Required Express the variable and filled costs in the form Ya+bx. Do not round your intermediate calculations. Round the variable cost per kilometer to decimal places) 13 Exercise 5A-3 (Algo) Cost Behavior; High-Low Method [LOS-10) Ho Chong Transport lid operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 93,000 kilometers during a year the average operating cost is 92 cents per kilometer la truck is driven only 62.000 kilometers during a year, the average operating cost increases to 99 cents per kilometer Required Using the hichow method estimate the variable cerating cost per ailometer and the annual fixed operating cost asociated with the fleet of trucks 2. Express the variable and fixed costs in the form Y = bx 2 truck were driven 77,500 kilometers during a year what total operating cost would you expect to be incurred om Complete this question by entering your answers in the tabs below Rebored Regina 2 wired Ir a truck were diven 72.000 metre during year what total operating cut would you expect to be incurred at round intermediate actions