Question: Prepare statement for april 2020, showing the cost per running kilometer with the help of the data provided in the picture? The Madras Transport Company

Prepare statement for april 2020, showing the cost per running kilometer with the help of the data provided in the picture?

The Madras Transport Company which keeps a fleet of lorries, show the following information: Kilometer run for April 2020 - 30,000 KM Wages for April, 2020 Petrol, Oil, etc. for April 2020 Original cost of vehicles Rs. 2,00,000 4,00,000 Repairs for April 2020 Garage Rent etc. for April 2020 Licence, insurance etc. for the year 1,00,00,000 6,00,000 1,00,000 6,00,000 Depreciation is to be allowed @25% per annum on original cost. Prepare a statement for April 2020, showing the cost per running kilometer.

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