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3 Calculate the cost per km of owning a truck. Cost price Life span Opportunity cost of capital Average usage of truck per annum Scrap
3 Calculate the cost per km of owning a truck. Cost price Life span Opportunity cost of capital Average usage of truck per annum Scrap value Licence & Insurance Usage km/litre Cost of Diesel Maintenance 800 000 10 Years 15% 80 000 Km 5% of Cost Price + R10000 10% of R425000 7 km per litre diesel R24 per litre 6% of Average Investment (15) Step by Step Solution
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
13th edition
134472144, 978-0134472140
