OVERHEAD CHARGES:
| 8 per cent interest on $220,000.00 investment equals | $ 17,600.00 |
| 8 per cent interest on value of land ($10,000.00) | $ 800.00 |
| 8 per cent interest on working capital ($7,500.00) | $ 600.00 |
| 3 per cent depreciation on $220,000.00 | $ 6,600.00 |
| Insurance (estimated) | $ 1,000.00 |
| Taxes (estimated) | $ 2,000.00 |
| Total overhead charges | $ 28,600.00 |
or 28600 / 53280 = 53.7 cent per ton
Total Expense $ 75,069.60
or 75069.60 / 53280 = $ 1.409 per ton
Divided as follows:
| Overhead charges | $ 0.53.7 |
| Manufacturing Cost (total) | $ 0.87.2 |
[12]
NUMBER FOUR
Manufacturing Costs Per Ton of Ice Using Steam Power at