ces zlomeducation.com New Mim ouTube My My Home Made Hol Chong Transport, Lid, operates a fleet of delivery trucks in Singapore. The company as determined that it is driven 147.000 kilometers during a year, the average operating cost is 1.7 cents per kilometer if a truck driven only 0.000 Klometers during a year, the average operating cost increases to 9.6 cents per meter Required: 1. Using the high low method, estimate the variable and fed cost elements of the annual cost of the truck operation (Do not round your intermediate calculations. Round the Variable cost per kilometer to 3 decimal places and Fixed cost answer to nearest whole doll amount) Kilometers Total Annual Cost Driven High level of activity Low lovel of activity 05 0 per me Variable cost perlometer Fred cost per year 2. Express the variable and fixed costs in the form Ya.X (Do not round your intermediate calculations, Round the Variable cost per kilometer to 3 decimal places.) 3. If a truck were driven 122,000 Klometers during a year, what total cost would you expect to be incurred? (Do not round intermediate calculations.) 5 Type here to search 10 AM W2/