OVERHEAD CHARGES PER YEAR FOR A 5-TON CAPACITY GASOLINE MOTOR TRUCK RUNNING AN AVERAGE OF 50 MILES PER DAY FOR 240 DAYS PER YEAR Driver's wages[1] $1500 Depreciation (20% on $6000 investment) 1200 Interest (6% on $6000 investment) 360 Insurance 450 Garage (rental, upkeep, etc.) 300 Maintenance, minor repairs and supplies, tire chains, tools, lamps, springs, equipment, etc. (estimated) 300 Complete overhaul once a year 600 License fee 60 Body upkeep, repairs, painting, etc. 90 Supervision 696 ----- Total per annum $5556 Overhead charges per day for 240 days in the year, actual operation $23.15 Overhead charges per mile for 50 miles per day .463 [1] In the above table the driver's wages have been placed under overhead charges because the driver is paid by the month and his wages continue even though the truck is idle because of repairs, bad weather or lack of business, unless, of course, the idleness should be of long duration, when the driver might be laid off. DIRECT CHARGES PER DAY AND PER MILE FOR 5-TON TRUCK OPERATED AS ABOVE ------------------------------------------------+---------+--------- | Cost | Cost | per day | per mile ------------------------------------------------+---------+--------- Tires (based on present tire guarantee) | $3.00 | $0.06 Lubricants | .50 | .01 Gasoline (3-1/2 miles per gal., 14 gal. at 25c) | 3.50 | .07 | ----- | ----- | 7.00 | 0.14 ------------------------------------------------+---------+--------- Total of overhead and direct charges for 240 days per year operation, per day $30.15 Per mile .603 Cost per ton-mile for full loads one way and empty returning .2412 Cost per ton-mile for full loads one way and half load returning .16