A transport service company incurred a total operating cost of ₹1,40,500 in June, 2019 to operate five buses between two places which are 50 kms apart. Each bus is having a seating capacity of 50 passengers and all buses
CS Executive · Cost and Management Accounting · PYQS · December 2020
A transport service company incurred a total operating cost of ₹1,40,500 in June, 2019 to operate five buses between two places which are 50 kms apart. Each bus is having a seating capacity of 50 passengers and all buses run on all days with one round trip only. If the operating cost per passenger km, is ₹0.25, then the capacity occupied in each bus is :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Operating Costing
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