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Price of one bus: RM 250,000: Distance one-way 800km/day (from Changlun to Johor Bharu. One day to and from (800km), Type: express bus; No of seat: 26 seaters: Diesel price: RM2.05: Target Km/ltr: 2.5 km/l. Total driver: 2, Wages, insurance, incentives: standard, Instalment, and depreciation for five (5) years. The Insurance (250,000 x 0.03) = RM 7500 annually, administrative staff costing and repair maintenance. Ensuring the breakeven point, the bus operators should be able to calculate and justify for the purpose of business in the whole operations.

Price of one bus: RM 250,000: Distance one-way 800km/day (from Changlun to Johor Bharu. One day to and from (800km), Type: express bus; No of seat: 26 seaters: Diesel price: RM2.05: Target Km/ltr: 2.5 km/l. Total driver: 2, Wages, insurance, incentives: standard, Instalment, and depreciation for five (5) years. The Insurance (250,000 x 0.03) = RM 7500 annually, administrative staff costing and repair maintenance. Ensuring the breakeven point, the bus operators should be able to calculate and justify for the purpose of business in the whole operations.

FINANCIAL ACCOUNTING
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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Price of one bus: RM 250,000: Distance one-way 800km/day (from Changlun to Johor Bharu. One day to and from (800km), Type: express bus; No of seat: 26 seaters: Diesel price: RM2.05: Target Km/ltr: 2.5 km/l. Total driver: 2, Wages, insurance, incentives: standard, Instalment, and depreciation for five (5) years. The Insurance (250,000 x 0.03) = RM 7500 annually, administrative staff costing and repair maintenance. Ensuring the breakeven point, the bus operators should be able to calculate and justify for the purpose of business in the whole operations. SST/GST 10% = Question I a. Calculate the base calculation of the ticket price b. Suggest to the government on the actual accumulated chargers to be imposed in future.
Transcribed Image Text:Price of one bus: RM 250,000: Distance one-way 800km/day (from Changlun to Johor Bharu. One day to and from (800km), Type: express bus; No of seat: 26 seaters: Diesel price: RM2.05: Target Km/ltr: 2.5 km/l. Total driver: 2, Wages, insurance, incentives: standard, Instalment, and depreciation for five (5) years. The Insurance (250,000 x 0.03) = RM 7500 annually, administrative staff costing and repair maintenance. Ensuring the breakeven point, the bus operators should be able to calculate and justify for the purpose of business in the whole operations. SST/GST 10% = Question I a. Calculate the base calculation of the ticket price b. Suggest to the government on the actual accumulated chargers to be imposed in future.
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