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Cost and Management Accounting 1 8.5 Mr. Amir ran a business in taxi service. He has two taxis. From the information below Mr. Amir need
Cost and Management Accounting 1 8.5 Mr. Amir ran a business in taxi service. He has two taxis. From the information below Mr. Amir need you to calculate cost per kilometer for his taxis. Taxi A RM Taxi B RM Cost of Taxi 25,000 15,000 Road Tax 750 750 Annual maintenance 1,800 1,200 Driver's salary per hour 4 Cost of petrol per liter 1.50 1.50 Repairing (per km) 1.50 1.50 Cost of tyre per km 1.00 0.80 Annual garage rental 1,600 550 Annual insurance 850 500 Km per liter 6 km 5 km Annual travelling 15,000 km 6,000 km Useful life of taxi 100,000 km 50,000 km Interest is 10% a year for cost of taxi. The taxi travel in average of 20 km per hour
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