Calculate the cost per running kilometre for a motor van from the following particulars :Kilometreage run (annual) 15,000 ; Cost of motor van Rs. 60,000.Annual expenses :Road licenceRs. 1,200InsuranceRs. 800Rs. 600Rs. 2,800Garage rentSupervision expensesDriver's monthly wageCost of petrol per litreRepairs and maintenance per kilometreTyre cost (average) per kilometreKilometres run per litre of petrolEstimated life of motor vanRs.800Rs.Rs. 1-80Re. 0-802060,000 km.

Cost per running kilometer is calculated by determining the total cost incurred for the year,…

Calculate the cost per running kilometre for a motor van from the following particulars : Kilometreage run (annual) 15,000 ; Cost of motor van Rs. 60,000. Annual expenses : Road licence Insurance Garage rent Supervision expenses Driver's monthly wage Cost of petrol per litre Repairs and maintenance per kilometre Tyre cost (average) per kilometre Kilometres run per litre of petrol Estimated life of motor van Rs. 1,200 Rs. 800 Rs. 600 Rs. 2,800 Rs. 800 Rs. 4. Rs. 1-80 Re. 0-80 20 60,000 km.

Calculate the cost per running kilometre for a motor van from the following particulars : Kilometreage run (annual) 15,000 ; Cost of motor van Rs. 60,000. Annual expenses : Road licence Insurance Garage rent Supervision expenses Driver's monthly wage Cost of petrol per litre Repairs and maintenance per kilometre Tyre cost (average) per kilometre Kilometres run per litre of petrol Estimated life of motor van Rs. 1,200 Rs. 800 Rs. 600 Rs. 2,800 Rs. 800 Rs. 4. Rs. 1-80 Re. 0-80 20 60,000 km.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Data Cost of motor car 5 500 Trade-in price after two years or 60 000 miles is expected to be 1.500 Maintenance - six-monthly service costing. 60 Spares/replacement parts, per 1000 miles 20 Vehicle licence, per annum 80 Insurance, per annum 150 Tyre replacements after 25 000 miles, four at £37.50 each Petrol, per gallon 1.90 Average mileage from one gallon is 25 miles. From the above data, you are required: To prepare a schedule to be presented to management showing for the mileages of 5000, 10 000, 15 000 and 30 000 miles per annum: 1 total variable cost; 2 total fixed cost; 3 total cost; 4 variable cost per mile (in pence to nearest penny); 5 fixed cost per mile (in pence to nearest penny); 6 total cost per mile (in pence to nearest penny).
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A company makes a single product which it sells for £10 per unit. Fixed costs are £48,000 and contribution to sales is 40%. If sales were £140,000, what was the margin of safety in units? A 2,000 B 3,000 C 4,000 D 5,000
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