1. Hol Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company...
50.1K
Verified Solution
Link Copied!
Question
Accounting
1. Hol Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 165.000 kilometers during a year, the average operating costis 12.9 arts per kilometer I a truck is driven only 110.000 kilometers during a year, the average operating cost increases to 16 2 conta per kilometer Required: 1. Doing the high-low method, estimate the variable operating cost per kilometer and the annual fixed operating cost associated with the fleet of truck 2. a truck were driven 137.000 kilometers during a year, what total operating cost would you expect to be incurred? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the high-low method, estimate the variable operating cost per kilometer and the annual fixed 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 cost Fixed cost per kilometer per year 2. Mauro Products listes a single product a woven basket whose selling price is $21 per unit and whose variable expense is $18 per unit. The company's monthly fixed expense is 10,000 Required 1. Calculate the company's break-even point in unit Sales 3. Calculate the company's break-even point in dollars (Do not round intermediate calculations) 3. If the company's fed expenses increase by 5000, what would become the new break even point instalo? in dollar sales? (Do not round intermediate calculation) bas 1 von poista 2. Emak-even point in dollar Braven point Brave point in corso baskets 3 . Lindon con the verb for an automotive that is for 538.00 per unit and has a CM ratio of 30. The company's feed expenses are $220.000 per year. The Required What to and red stana get profit of $114 000 per year
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!