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Hart Company sells and delivers office furniture across Western Canada. The costs associated with the acquisition and annual operation of a delivery truck are given
Hart Company sells and delivers office furniture across Western Canada. The costs associated with the acquisition and annual operation of a delivery truck are given below: Insurance $ 1,943 Licences $ 155 Taxes (vehicle) $ 102 Garage rent for parking (per truck) $ 1,020 Depreciation ($20,500 5 years) $ 4,100 Gasoline, oil, tires, and repairs $ 0.10 /km Required: 1. Assume that Hart Company owns one truck that has been driven 61,000 kilometres during the first year. Compute the average
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