29 Jun tion Last month, Venture Truckin
Questiontion
Last month, Venture Truckin
Last month, Venture Trucking logged 80,000 miles delivering goods for various customers. Costs for the month were:
Fuel 30,000
Maintenance 10,000
Tires 4000
Drivers Salaries 60,000
Insurance 5000
Depreciation 10,000
Office Expenses 6000
Permits 3000
Fuel, Maintenance, Tires, and drivers salaries are considered to be variable costs while other costs are fixed. Using account analysis, what is variable cost per mile and fixed costs per month? BAsed on this information, what is Cost of Goods Sold?
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