Question 1 Mack Enterprise, a transport business operates a fleet of 10 vehicles. The operating data are as follows: $460,000 (for 10 vehicles) Purchase of vehicles (depreciated on a straight line basis over 4 years) Vehicle disposal value (after 4 years) $4,000 per vehicle Road fund license and insurance $2,290 (per vehicle per year) $210 per tyre Tyres (8 per vehicle renewed every 40,000 kilometres) Servicing (every 16,000 kilometres) Fuel (consumption of 1 litre per 3.2 kilometres) I Vehicle usage $650 per vehicle service $0.80 per litre 80,000 kilometres (per vehicle per year) $18,000 (per driver per year) Drivers (1 driver per vehicle) Required: a) Calculate the total vehicle operating cost per kilometre (to four decimal places of $). [15 marks] 34C