Answer to Question #189991 in Finance for Sanskriti

Question

Seth transport operates a fleet of Motor Lorries. The record for Lorry-4150 reveals the

following information

Days Maintained 30

Days operated 25

Days Idle 5

Total hours operated 300

Total kms covered 2500

Total tonnage carried 200

(4 tonne – load per trip, return journey empty)

Total cost for the month 270000

Prepare a performance statement reflecting-

A Cost per day operated, cost per kilometer, cost per hour

B Cost per round trip, Tonne Km, cost per commercial tonne –km.

Note formula plus calculations are required

Answer 1

The performance statement is as follows:

The calculation is as follows: