ABC Ud, coprates a fleet of detivery trucks in Singapone. The company has determined that if a truck is driven 165,000 kilometers durng oyea, the average operating cost is 129 cents per kilometer if a truck is drven only 110,000 kilometers during a year, the average operoting cost increases to 162 conts per kilometer. Required: 1 Using the high-low method, estimote the variable operating cost per kilometer and the annual foced operating cost associated with the fleet of trucks 2 Express the variable and fixed costs in the form Y=a+bx 3 if a truck were diven 137,000 kilometers during a yeas, 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 foxed operating cost associated whi the fleet of trucks, (Do not round your internediate calculations. Round the variable cost per klometer to 3 decimal places.) ABC Lid, operates a fleet of delivery trucks in Singopore. The company has determined that if a truck is driven 165,000 kilometers during a year, the average operating cost is 129 cents per kilometer. If a truck is diven only 110.000 kilometers during a year, the average operating cost increases to 16.2 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 fleet of trucks. 2. Express the variable and fixed costs in the form Y=a+bx 3 If a truck were driven 137,000 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. Express the varibile and fixed costs in the form Y=a+bx. (Do not round your intermediate calculations. Round the Variable cost per kalometer to 3 decimal places.) ABC Ltd, operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 165,000kilometers during a year, the average operating cost is 12.9 cents per kilometer if a truck is diriven only 110.000 kilometers during a year, the average operating cost increases to 162 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 fleet of trucks. 2. Express the variable and fixed costs in the form Y=a+bX 3 If a truck were driven 137,000 kilometers during a yeas, what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. If a truck were driven 137,000 kilometers during a year, what total operating cost would you expect to be incurred? (Do not round intermediate calculations.)