Ho cheng Fransport, Lid operates a fiee of delvery trucks in $ ingapore the company has deterrined that if a truok is drven 107,000 Kllometres during a yes, the overage opersting cost is 12.502 cents per kalometre, If a truck is diven only 72,000kll ametres during a yeor, the average operating cost increases to 147 cents per kilomerte. (The Singapore dollar is the curtency used in Singapore) Requlred: 1. Using the high-low method. estrinte the variable and fiked coit eiernents of the annual cort or irudk aperation. IRound the "Varleble coar" 105 dec imat places. Pound "Fred cost" to 2 decinal plexes. 2. Express the variable and fixed costs in the fam Y=g+bx (Pound the "Varhb ie cost' 105 dacimal puces. Abund "Ftued cost" 102 decimal piaces: cokuletbms. Pound "Total ennual cost' \$o 2 decinal plixes: Ho cheng Fransport, Lid operates a fiee of delvery trucks in $ ingapore the company has deterrined that if a truok is drven 107,000 Kllometres during a yes, the overage opersting cost is 12.502 cents per kalometre, If a truck is diven only 72,000kll ametres during a yeor, the average operating cost increases to 147 cents per kilomerte. (The Singapore dollar is the curtency used in Singapore) Requlred: 1. Using the high-low method. estrinte the variable and fiked coit eiernents of the annual cort or irudk aperation. IRound the "Varleble coar" 105 dec imat places. Pound "Fred cost" to 2 decinal plexes. 2. Express the variable and fixed costs in the fam Y=g+bx (Pound the "Varhb ie cost' 105 dacimal puces. Abund "Ftued cost" 102 decimal piaces: cokuletbms. Pound "Total ennual cost' \$o 2 decinal plixes