Translog Carriers (Pty) Ltd operates as a logistics service provider and has a fleet of several combination vehicles ope
Posted: Fri Jul 01, 2022 9:00 am
Translog Carriers (Pty) Ltd operates as a logistics serviceprovider and has a fleet of severalcombination vehicles operating in various industries throughoutSouthern Africa. One of thesevehicles is a 6x4 truck tractor with a tridem axle semi-trailerthat covers 110 000 km per annum.Use the assumptions below to answer the following questions (showall calculations):
Overheads - Administration R 161 800Cost of capital (% of purchase price per annum) 10.30%Annual License Fees R 30 400Driver Monthly cost R 41 300Assistant Monthly cost R 15 000Purchase price - TT R 1 317 000Overheads - Operations R 107 800Depreciation - straight line methodTruck tractor residual value 25%Truck tractor economic life (years) 5Purchase price - Trailer R 631 000Tyre usage and cost (c/km) 271Trailer residual value 0%Trailer economic life (years) 10Fuel consumption (liter /100km) 55Fuel price (c/liter) 1490Insurance (% of cost price) 7.5%Maintenance cost (c/km) 363Distance travelled per annum (km) 110000Truck Tractor (tyres) 10Semi-trailer (tyres) 12New tyre price (each) R 24 000Lubricants (% of fuel cost) 2.5%Working weeks 50Working days 5 days / week3.1. Calculate the total vehicle costs per kilometre. (12)3.2 What will the total vehicle cost (TVC) per annum be at anannual travel distance of100 000 km and 120 000 km respectively? What do you observe of thetotal vehiclecost per km?
Overheads - Administration R 161 800Cost of capital (% of purchase price per annum) 10.30%Annual License Fees R 30 400Driver Monthly cost R 41 300Assistant Monthly cost R 15 000Purchase price - TT R 1 317 000Overheads - Operations R 107 800Depreciation - straight line methodTruck tractor residual value 25%Truck tractor economic life (years) 5Purchase price - Trailer R 631 000Tyre usage and cost (c/km) 271Trailer residual value 0%Trailer economic life (years) 10Fuel consumption (liter /100km) 55Fuel price (c/liter) 1490Insurance (% of cost price) 7.5%Maintenance cost (c/km) 363Distance travelled per annum (km) 110000Truck Tractor (tyres) 10Semi-trailer (tyres) 12New tyre price (each) R 24 000Lubricants (% of fuel cost) 2.5%Working weeks 50Working days 5 days / week3.1. Calculate the total vehicle costs per kilometre. (12)3.2 What will the total vehicle cost (TVC) per annum be at anannual travel distance of100 000 km and 120 000 km respectively? What do you observe of thetotal vehiclecost per km?