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What is included as fixed asset

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Reference no: EM132605336

Fuel: $50 per trip

Goodie bag per customer: $40

Helicopter rental per month: $20,000

Insurance per month (unlimited trips): $1,000

Pilot costs: $5,000 per month plus $100 per trip

Maintenance costs are difficult to estimate but data from a similar company in a different location shows that these monthly costs were $11,000 when 5,000 kms were flown and $5000 when 1,500 kms were flown.

Question 1: What is included as fixed asset? How we work it out for the maintenance cost?

Reference no: EM132605336

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