Element of competency: Understand Costing and Fundamental Elements of Costing. >> Determine the cost of Transport Operations. Determine Cost of Distribution 4 Comprehension of Overall Logistics Costing s Cost Saving Mythologies in Logistics. INCOTERM 2010 and Costing LEAN Management in Logistics * Understand Operational and Financial Metrics and Able to Produce Relevant Reports. Transmit the information LABOUR AND MATERIALS Annual Salaries and Handlers S260,000 Annual Cost of equipment (used by the handlers) $45.000 - Annual Salary of Driver...... $180,000 Annual Social Benefits Paid for Drivers... $85.000 Annual Cost of Trucks - Fuel $140,000 Repair and maintenance.. $75,000 - Finance Charges... $15,000 Permits and Licenses.. $18,000 Insurance $12,000 OVERHEAD GENERAL COST Sales Cost.. $30,000 Administration Cost. $175.000 Technology Cost. $14,000 Innovation Cost. S0.000 OTHER COST RELEVANT PERTINENT INFO 1. Total annual of Hours Worked by Handlers.... .18,000 hours 2. Total Annual Machine Hours Used by Handler's Equip......1900 machines hrs 3. Total Annual Kms/Hrs Driven By Drivers/Trucks......186,000kms/31,000 hrs 4. Total Numbers of Shipments..... 100