SAVO Help Save & Exit Submit Check my work 10 Cins Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 135,000 kilometers during a year, the average operating cost is 14.5 cents per kilometer. If a truck is driven only 90,000 kilometers during a year, the average operating cost increases to 18.1 cents per kilometer Required: 1 Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks 2. Express the variable and fixed costs in the form Ya+bx. 3.1 a truck were driven 112,000 kilometers during a year, what total operating cost would you expect to be incurred? BOOK Hit Complete this question by entering your answers in the tabs below. Reference Required 1 Required 2 Required Using the high-low method, estimate the variable operating cost per kilometer and the annual foxed operating cost associated with the fleet of trucks. (Do not round your intermediate calculations. Round the Variable cost per kilometer to 3 decimal places.) Variable cout Fixed cost per kilometer per year Samoa Required 2 > Check my word 10 1 point Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 135,000 kilometers during a year, the average operating cost is 14.5 cents per kilometer. If a truck is driven only 90,000 kilometers during a year, the average operating cost increases to 18.1 cents per kilometer Required: Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks 2. Express the variable and fixed costs in the form Y=a+bx. 3. If a truck were driven 112,000 kilometers during a year, what total operating cost would you expect to be incurred? Per Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Express the variable and fixed costs in the form Ya+bX. (Do not round your intermediate calculations. Round the Variable cost per kilometer to 3 decimal places.) Check my work 10 nts Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 135,000 kilometers during a year , the average operating cost is 14.5 cents per kilometer. If a truck is driven only 90,000 kilometers during a year, the average operating cost increases to 18.1 cents per kilometer Required: 1. Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of trucks 2. Express the variable and fixed costs in the form Y=a+bx. 3. If a truck were driven 112,000 kilometers during a year, what total operating cost would you expect to be incurred? Book Hins Print Complete this question by entering your answers in the tabs below. Herences Required 1 Required 2 Required 3 If a truck were driven 112,000 kilometers during a year, what total operating cost would you expect to be incurred? (Do not round intermediate calculations.) Total cost Required 2