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please help 25,000 Q1: From the following data compute the cost per running mile: Mileage Run (annual) 15,000 Cost of Vehicle Road License (annual) 3750
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25,000 Q1: From the following data compute the cost per running mile: Mileage Run (annual) 15,000 Cost of Vehicle Road License (annual) 3750 Insurance (annual) 3700 Garage Rent (annual) 3600 Supervision and Salaries 31,200 Driver's Wages per hour 30 Cost of Fuel per gallon 30 Miles run per gallon 20 miles 1.75 Repairs and Maintenance per mile Tyre allocation per mile Estimated Life of Vehicle (miles) Charge interest at 5% per annum on cost of vehicle. The vehicle runs 20 miles per hour 30.70 1,00,000Step by Step Solution
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