ABC Transport Services Pvt. Ltd. is a private bus company renowned for providing reliable and comfortable intercity passenger services. The company…

ABC Transport Services Pvt. Ltd. is a private bus company renowned for providing reliable and comfortable intercity passenger services. The company operates a fleet of buses that connect two major cities, Mumbai and Pune, which are 150 kilometers apart. By ensuring timely and efficient services, ABC Transport Services has become a preferred choice for travelers commuting between these two bustling cities. Fleet and Operations The company operates a total of 10 buses, each designed for optimal comfort and safety. Every bus in the fleet has a seating capacity of 50 passengers, equipped with modern amenities to enhance the travel experience. The buses adhere to strict maintenance schedules to ensure safety and reliability on the road. The company operates multiple trips daily to accommodate the high demand for travel between Mumbai and Pune. The buses normally operate at 80% capacity. Cost Data: Cost Category Amount (₹) Fixed Costs (per month) Insurance 2,00,000 License Fees 50,000 Salaries to Driver and Conductor 5,00,000 Garage Rent 1,00,000 Depreciation 3,00,000 Administration Expenses 1,50,000 Variable Costs (per kilometer) Fuel 35 per km Lubricants and Oils 5 per km Wages per bus (additional per trip) 10,000 per trip Operational Data Number of round trips per bus in this month 20 trips Average occupancy rate 80% Additional Info: In the past few months, the repairs and maintenance costs for ABC Transport Services Pvt. Ltd. have shown some variability due to fluctuating operational conditions. For instance, in April, the total repairs & maintenance costs amounted to 1,40,000, with the company reporting 18 trips per bus. In May, these costs increased to 1,60,000 due to additional maintenance activities and 22 trips per bus. You are required to answer the following requirements (MCQs 6 to 10)