blue bird operate a fleet of delivery trucks in singapore. the company has determi ned that if a truck is driven 150.000 kilometers during a year, the average operating cost is 11,4 cents per kilometer. If a truck is driven only 70.000 kilometers during a year, the average operating cost increase to 13.4 cents per kilometers.
Required :
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blue bird operate a fleet of delivery trucks in singapore. the company has determi ned that...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4 cents per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.4 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...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks
in Singapore. The company has determined that if a truck is driven
141,000 kilometers during a year, the average operating cost is
12.1 cents per kilometer. If a truck is driven only 94,000
kilometers during a year, the average operating cost increases to
14.6 cents per kilometer.
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 141,000...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 162,000 kilometers during a year, the average operating cost is 13.2 cents per kilometer. If a truck is driven only 108,000 kilometers during a year, the average operating cost increases to 16.6 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...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.6 cents per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.3 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...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 171,000 kilometers during a year, the average operating cost is 13.5 cents per kilometer. If a truck is driven only 114,000 kilometers during a year, the average operating cost increases to 17.2 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...
Hoi Chong Transport, Ltd, operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 93,000 kilometers during a year, the average operating cost is 9.2 cents per kilometer. If a truck is driven only 62,000 kilometers during a year, the average operating cost increases to 9.9 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...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 96,000 kilometers during a year, the average operating cost is 10.3 cents per kilometer. If a truck is driven only 64,000 kilometers during a year, the average operating cost increases to 11.5 cents per kilometer. Required: 1. Using the method discussed in the course packet for finding the fixed and variable parts of a mixed cost, estimate the...
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4 cents per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.4 cents per kilometer Required 1. Using the high-low method, estimate the variable and fixed cost elements of the annual cost of the truck operation. (Do not...
Hoi Chong Transport, Ltd, operates a fleet of delivery trucks in Singapore. The company 138,000 kilometers during a year, the average operating cost is 148 cents per k has determined that if a truck is driven If a truck is driven only 92,000 k rating cost increases to 18.6 cents per kilometer cost a the fleet of trucks. 2. Express the variable and fixed costs in the form Y-a +bx
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks
in Singapore. The company has determined that if a truck is driven
111,000 kilometers during a year, the average operating cost is
12.2 cents per kilometer. If a truck is driven only 74,000
kilometers during a year, the average operating cost increases to
14.1 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...