Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4 Not yet answered Marked out of 10.00 Flag question Calculate the cost per running kilometer of a vehicle from the following data: A passenger
4 Not yet answered Marked out of 10.00 Flag question Calculate the cost per running kilometer of a vehicle from the following data: A passenger transporting company (service firm) engaged in the transportation services provide the following information, for the year 2021: Value of vehicle $850,000 Estimated scrape value $100,000 Quiz navig on Finist Time A Road license fee per year $6,000 Insurance per year $5,000 Garage rent per year $3,000 Drivers wages per month $7,500 Tyres and tubes $30,000 Repairs $10,000 Cost of diesel per liter $35 Kilometers run per liter 3.5 Km Estimated life 150,000 Km Estimated running kilometers per year 20,000 Km A B I E 12 X C %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started