From the following, data relating to vehicle ‘X’ calculate the cost per running kilometre.
|
Vehicle X |
|
|
Kilometers run (annual) |
15,000 |
|
Tons per km (average) |
6 |
|
Cost of vehicle |
Rs 25,000 |
|
Road license (annual) |
Rs 750 |
|
Insurance (annual) |
Rs 700 |
|
Garage rent (annual) |
Rs 900 |
|
Supervision and salaries |
Rs 2,400 |
|
Drivers wages per hour |
Rs 3 |
|
Cost of fuel per litre |
Rs 3 |
|
Kilometers run per litre |
20 |
|
Repairs and maintenance per km |
Rs 1.75 |
|
Tyra allocation per km |
90 paise |
|
Estimated life of vehicle |
1,00,000 km |
Charge interest at 5% p.a. on cost of vehicle. The vehicle runs 20 km per hour on an average.