The Road Transport Company, which keeps a fleet of lorries, shows the following information:
|
Kilometres run for April 1994 |
30,000 |
|
Wages for April |
Rs 2,000 |
|
Petrol, oil, etc. for April |
Rs 4,000 |
|
Original cost of vehicles |
Rs 1,00,000 |
|
Depreciation to be allowed @ 25% per annum on original cost |
|
|
Repairs for the month of April |
Rs 6,000 |
|
Garage rent, etc. for April |
Rs 1,000 |
|
Licence, Insurance, etc. for the year |
Rs 6,000 |
prepare a statement for April 1994 showing the fixed and variable cost per running km.