We Have Created The Easiest, Fastest & Most Useful Business Management Tools for your business. We Have Created The Only Site Dedicated To Teaching You The Best Method To Calculate, Lower and Control Your Costs and manage your business. The Website Provides Costing Information, Worksheets and Online Calculators With Example Calculations.
Factors:
Motor Vehicle is paid for and they have owned it more than six years. Other Equipment (Trailer) is paid for and they have owned it more than six years. Insurance Estimate is high
Driver Pay is .33 + .03 For FICA and Medicare Taxes
Fuel is based on US Average Cost of Diesel Prices
Other Truck & Driver Fixed Costs Consists of Annual Costs of $1,450 IRP, $550 (Heavy Duty), and $430 (Advalorem, IFTA, and Other Permits).
The Critical Key
Cost Per Mile is directly related to the number of miles you operate your equipment. That is "PRODUCTIVITY".