Answer to Question #178547 in Economics for RKP

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.

Answer 1

a.

$$\frac {270000}{30}=90000$$

$$\frac {270000}{2500}=108$$

$$\frac {270000}{300}=900$$

b.

$$\frac {2500}{200}=12.5$$

$$\frac {270000}{12.5}=21600$$

$$\frac {1250}{200}=6.25$$

$$\frac {270000}{6.25}=43200$$