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The total operating cost for the truck is $400 000 per year. The percentage breakdown of this total amount was: 40%: Fixed costs (insurance, registration, wages) 30%: Fuel 20%: Finance 10%: Maintenanc
The total operating cost for the truck is $400 000 per year. The percentage breakdown of this total amount was:
40%: Fixed costs (insurance, registration, wages)
30%: Fuel
20%: Finance
10%: Maintenance (service, repairs, tyres)
Suppose the fuel price increases from $1.50 to $1.60 per litre.
How much does this add to the total operating cost per year?