ABC Ltd$.,$ operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven $96,000$ kilometers

during a year, the average operating cost is $10\mathrm{.}3$ cents per kilometer. If a truck Is driven only $64,000$ kllometers during a year, the

average operating cost increases to $11\mathrm{.}5$ cents per kilometer.

Required:

Using the high$-$low method, estimate the varlable operating cost per kllometer and the annual fixed operating cost assoclated wit

the fleet of trucks.

Express the variable and fixed costs in the form $Y=a+bx.$

If a truck were driven $80,000$ 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.

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 calculations. Round the Variable cost per kilometer to $3$ decimal

places.$)$