UOC per Barrel of Oil Calculation
Barrels Per Day	120,000
Days in Year	365
Barrels per year	43,800,000
Total Operating Costs per year	$ 140,640,200
Barrels per year	43,800,000
Per Barrel Cost	$ 3.21

UOC/Barrel per activity
Activity Performed		UOC/barrel
Provide Goods & Services	732	$ 0.02
Provide IT and Telecommunication	7995	$ 0.18
Provide Financial Services	3909	$ 0.09
Perform Internal Audits	575	$ 0.01
Prepare Economic Plans	930	$ 0.02
Market/Trade Hydrocarbons	453	$ 0.01
Provide Legal Services	603	$ 0.01
Total Department Costs	15,197	$ 0.35

Industry benchmarking data is often hard to get, as competitors do not want to share this data. In the absence of industry benchmarks, how might you evaluate the performance of these activities?