User Account

All Pages

What total cost would you expect to be incurred

Assignment Help Accounting Basics
Reference no: EM131766000

Question - A Transport, Ltd., operate a fleet of delivery trucks in Hong Kong. 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. (The Hong Kong dollar is the currency used in Hong Kong.)

1. Using the high-low method, estimate the variable and fixed cost elements of the annual cost of the truck operation.

2. Express the variable and fixed costs in the form Y=a+bX.

3. If a truck were driven 80,000 kilometers during a year, what total cost would you expect to be incurred?

Reference no: EM131766000

Questions Cloud

Key differences between the cash flow statement requirements : What are the key differences between the cash flow statement requirements for Enterprise Funds and those for business enterprises?
What could your city do to become a healthy city : What could your city do to become a healthy city? What would be the obstacles to change? What financial issues would have to be considered?
When funds are coming into the organisation : How much and when funds are coming into the organisation? How much cash is available to the organisation as a result of your idea's implementation?
Determine the efficiency of the pulley : A force of 25 N is required to raise a 500 N load with a pulley system. When the rope is pulled 10 m, the load is raised 0.2 m.
What total cost would you expect to be incurred : If a truck were driven 80,000 kilometers during a year, what total cost would you expect to be incurred
Prepare the service revenue budget : Prepare the service revenue (sales) budget for 2011 by listing the departments and showing for each quarter and the year in total, billable hours
What is the final temperature : If the final pressure is 110 kPa, what is the final temperature?
Analyze problem you plan to solve clearly and specifically : Analyze the problem you plan to solve clearly and specifically. Analyze the internal and external environment of the company using SWOT analysis.
Discuss and explain the specific methods of that therapy : Discuss and explain the specific methods of that therapy that would be utilized in the treatment of your chosen disorder.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd