Help Save & Exit Submit We Deliver operates a fleet of delivery trucks in Halifax. Analysis shows that if a truck is driven 159,000 kilometres during a year, the average operating cost is 12.0 cents ($0.120) per kilometre. If a truck is driven only 85,000 kilometres during a year, the average operating cost Increases to 13.9 cents ($0.139) per kilometre Required: 1. Using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (Do not round your intermediate calculations. Round the "Variable cost per kilometer" to 3 decimal places.) High level of activity Low level of activity Change Variable cost per kilometer Fixed cost per year Kilometers Diivan Total Annual Cof 12 01:02:49 Mc Seved Frewconnect.mheducation.com/252F Help Save & Exit Submit 2. Express the variable and fixed costs in the form Ya+5X. (Do not round your intermediate calculations. Round the "Variable cost per kilometer" to 3 decimal places.) 3. If a truck were driven 139,400 kilometres during a yede what total cost would you expect to be incurred? (Do not round Intermediate calculations. Round the "Variable cost per kilometer" to 3 decimal places.)