2) A and Z Transport Limited operate a transport service that plies between Accra a Ada which are 60 kilometres apart. One of its tracks carts goods three times a day to
from Ada for four weeks. Each week is made up of 5 working days.
The following information relate to the operations of the track for the month of Jun
2014:
Cost of track
GH¢39,700
Life span of track
260,000 kg
Scrap value of track
GH¢,700
Track licensing cost GH¢540 per annum
Cost of a set of tyresGH¢5,400
Life span of tyres 15,000 kg
Diesel consumption
10km per gallon
Cost of diesel per gallon
GH¢5.20
Engine oil
GH¢15 per week
Handling cost
GH¢60 per week
Maintenance on track
GH¢144 per week
Insurance
GH¢900 per wee
Wages of driver
GH¢481 per mon
Wages of two driver's assistants
GH¢40 each per weck
Other service costsGH¢7,800 per annum
You are required to prepare a statement showing the total operating cost of the tr
he month of June 2014.​