IGNOU MTM 14 2018 - Components of Costing in Tourist Transport Business

Question

Components of Costing in Tourist Transport Business

09 Mar 2018

Answer :

Word Count : 378

Components of costing in the tourist transport business involve the various elements that contribute to calculating and managing the costs associated with providing transportation services to tourists. Some important components are:

Vehicle Costs: This includes the cost of purchasing or leasing vehicles, fuel expenses, maintenance and repairs, insurance, registration fees, and depreciation. These costs are directly related to the operation and maintenance of the vehicles used for transporting tourists.
Driver Costs: Driver

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