Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Mr.Jadhike owns a fleet of taxis adn the following
information are available from the records maintained b him:
1.Number of taxis 10
2.salary of manager 600pm
3.cost of each taxi 20000
4.salary of cleaner 500pm
5.salary of mechanic 400 pm
6.garage rent 600pm
7.insurance premium 5%pa
8.annual tax 600 per taxi
9.driver salary 200 pm per taxi
annual repair 1000 per taxi

total life of a taxi is about 200000 kms. a taxi runs in all
3000kms in a month of which 30% it runs empty. Petrol
consumption in one litre for 10kms@1.80 per litre. Oil and
other are rs 5 per 100 kms
calculate the cost of running a taxi per km

5

Answer Posted / sahil

year month km
som 720 60 .02
cost .10
soc 600 50 .02
somc 480 40 .01
garage .02
ins 1000 83.33 .03
annual tax 600 50 .02
drs 2400 200 .06
annual rep 1000 83.33 .03
petrol cons .18
oil .05
total .54

cost per km is 54 ps

Is This Answer Correct ?    3 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

npa is either person or account

2043


What is EBITDA

1921


All Accounting Question Related Send Me ..

2221


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

2425


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

2089


where we use the convetion of conservatisam in real life??

2108


which Electrical items is Exciseible

2322


what can increase gearing?

2455


Define `Realisation` Account? Explain the salient features?

3159


Why do you want to work with us

2350


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

2505


Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?

2275


Short Answer on __________Event

2083


What are the things are not Included in Annual Reports?

2114


What is contract accounting?

2390