0
What is the formula used to calculate cost per mile based on fuel usage only.?
Wiki User
∙ 14y ago
Miles driven divided by MPG = gallons used. Gallons used multiplied by price per gallon = total price spent for miles driven. Total cost divided into total miles = cost per mile.
Take the price of gas and divided it by your cars mpg.
Price of Gas Per Gallon/Miles Per Gallon = cost per mile.
$3.12 per gallon/ 22 mpg = 14 cents per mile.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the formula to calculate prime costs?
Formula for Prime Cost = Material Cost + Labor Cost
What is the formula to calculate directivity?
there is no specific formula to calculate direct cost but direct cost are all those costs which are directly related to production of goods and separately identifiable.
What is the formula to calculate direct costs?
there is no specific formula to calculate direct cost but direct cost are all those costs which are directly related to production of goods and separately identifiable.
How do you calculate historical cost?
You can't. Unless you have some trend or a formula.
Calculate per unit cost in terms of kilowatt hour for electricity?
Divide the monthly billed charges from the Utility by the months usage in KWH. Monthly Bill divided by KWH (usage for month) = Unit Cost
What is the formula to get income from operations?
what is the formula to calculate; manufacturing cost of good sold, gross profit, and operating income
What is the default formula to calculate link cost in the spf algorithm?
100,000,000/bandwidth in bps
What are the formula to calculate staff cost percentages?
It is 100*staff costs/total costs.
How do you calculate break-even?
Formula to calculate breakeven point is as follows: Break even point = Fixed cost / contribution margin Contribution margin = Sales - Variable cost
What is the formula of the CPRP?
Formula to calculate CPRP: CPRP = Cost Of Rate Per 30 Minutes/ Rating Point Of That Time Band
How to calculate capital charge?
To calculate capital charge, you can use the formula: Capital Charge = Cost of Equity × Equity + Cost of Debt × Debt. Cost of equity is usually estimated using the Capital Asset Pricing Model (CAPM) or Dividend Discount Model (DDM), while cost of debt is based on the interest rate on debt. By multiplying the respective cost by the amount of equity and debt, you can determine the capital charge.
What is used to calculate by using standard formula to show the cost of a loan?
annual percentage rate
