Check my work Hoi Chong Transport, Ltd, 90,000 kilometers during a year, the average operating cost is 9.1 cents per kilometer. Ifa truck is driven only 60,000 kilometers during a year, the average operating cost increases to 9.8 cents per kilometer operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 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 75,000 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. Required 1 Required 2 Required 3 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.) Variable cost per kilometer per year Fixed cost Required 2> usin n HIghlow method, estimate the variable operating cost per kilometer and the annual fixed operating cost associat with the fleet of trucks. 2. Express the variable and fixed costs in the form Y a+bX 3. If a truck were driven 7 5,000 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. Required 1 Required 2 Required 3 Express the variable and fixed costs in the form Y +a + bx. (Do not round your intermediate calculations. Round the Variable cost per kilometer to 3 decimal places.) Required 1 Required 3> K Prev3 of 3E Next lerg donny year, the average operating cost increases l a utk Is drven only to 9.8 cents per kilometer 60,000 Required: 1. Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associat with the fleet of trucks 2. Express the variable and fixed costs in the form Y a bx. a If a truck were driven 75,000 kilometers duing a year. what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. Required 1 Required 2 | 9uired If a truck were driven 75,000 kilometers during a year, what total operating cost would you expect to be incurred? (Do not round intermediate calculations.) es Total annual cost KRequired 2 K Prev 3 of 3 Next