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Check my work 10 Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is

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Check my work 10 Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 129,000 kilometers during a year, the average operating cost is 13.7 cents per kilometer. If a truck is driven only 86,000 kilometers during a year, the average operating cost increases to 16.8 cents per kilometen 9.09 points 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 Ya +bX 3. If a truck were driven 108,000 kilometers during a year, what total operating cost would you expect to be incurred? eBook Hint Print References Complete this question by entering your answers in the tabs below Required Required 2 Required 3

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