A transit company has the maintenance costs and kilometers driven data for its fleet of buses over a four-month period, as shown below Kilometers Total Month driven 40,000 80,000 Cost P 30,000 P 48,000 P 49,000 P 63,000 Jan Feb 70,000 100,000 Mar Apr

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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What is the variable cost per kilometer? 

How much is fixed maintenance costs per month ?

A transit company has the maintenance costs and kilometers driven
data for its fleet of buses over a four-month period, as shown below
Kilometers
Total
Month
driven
Cost
Р 30,000
P 48,000
P 49,000
P 63,000
Jan
40,000
80,000
Feb
70,000
100,000
Mar
Apr
Transcribed Image Text:A transit company has the maintenance costs and kilometers driven data for its fleet of buses over a four-month period, as shown below Kilometers Total Month driven Cost Р 30,000 P 48,000 P 49,000 P 63,000 Jan 40,000 80,000 Feb 70,000 100,000 Mar Apr
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