Question
QUESTION 2 (25 MARKS) Lian Seng Transport Corporation owns luxury bus which runs between Kepong and Ampang and back for 10 days in a month.
QUESTION 2 (25 MARKS) Lian Seng Transport Corporation owns luxury bus which runs between Kepong and Ampang and back for 10 days in a month. The distance from Kepong to Ampang is 250 kms. The bus completes the trip from Kepong to Ampang and back in the same day. The bus goes another 10 days in a month towards Subang. The distance from KL to Subang is 120 kms. The trip is also completed in the same day. For the rest of 4 days of its operation in a month it runs in the local city. Daily distance covered in local city is 40 kms. Calculate the rate the person should charge from passenger when the company wants to earn the profit of 50% on cost. The other information is given below:
Particulars | RM |
Costofthebus | 120,000 |
Depreciation20%p.a | |
Salaryofdriver | 450permonth |
Salaryofticketcollector | 450permonth |
Salarytoaccountant | 560permonth |
Insurance | 1,800permonth |
Dieselconsumption4kmsperlitercosting | 1perliter |
Tokentax | 750p.a |
Lubricantoil | 10per100kms |
Repairsandmaintenance | 800permonth |
Permitfee | 250permonth |
Normalcapacity | 40persons |
The bus is generally occupied 90% of the capacity when it goes to Ampang and 80% when it goes to Subang. It is always full when it runs within the city. Passenger tax is 20% of the company's net takings.
Required: Compute rate per passenger kilometre for the month of July 2013.
(25 Marks)
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