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Turcking Firm: Costs and Revenue Per Mile Figures Operation Specifics: How many loaded miles did you run last year? 100,000 Total Miles last year 100,000
Turcking Firm: Costs and Revenue Per Mile Figures Operation Specifics: How many loaded miles did you run last year? 100,000 Total Miles last year 100,000 Average MPG 6 Average price per gallon $3.75 Gallons of Tractor fuel purchased in last year? Revenue (Yearly): Gross earnings from truck(s) $200,000.00 Total Revenue Last Year $200,000.00 Operation Fixed Costs (Yearly): $30,131 $7,500.00 Primary Medical insurance premiums $2,640.00 Licenses, Registrations, and Permits (annual vehicle inspection, IRP, UCR, HUVT 22! $1,800.00 Electronic Logging Device $1,190.00 $2,000.00 Total Fixed Costs Last Year $45,261.00 Yearly Truck payment Truck Insurance (physical, bobtail, cargo, etc.) Phone 81 Internet Operation Variable Costs (Yearly): Assume all variable costs, like fuel, are incurred per mile Tractor Fuel $62,500.00 $0.63 Permits, Tolls 8L Taxes (IFTA, KYU, OR or NM State Permit, Tolls, Scale) $2,500.00 $0.03 Maintenance & Supplies (tires, repairs, washes, fuel additives, small tools, etc.) $21,000.00 $0.21 $1,000.00 $0.01 Taxes (Property, etc.) $4,000.00 $0.04 Total Variable Costs Last Year $91,000.00 $0.91 Travel Expense (Hotel/Lodging, paid parking, shower, etc.) 3. If economic prots are $0, what is the opportunity cost of the driver's me(the key variable cost left out of this table)? Competitive rm graph i3/mile 4. The graph represents our trucking rm, simplied by using a linear marginal cost curve. Label and provide numbers so this graph is consistent with the numbers given and the fact that it's economic prot=$0
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