OVERHEAD CHARGES:
| 8 per cent Interest on $280,000.00 investment | $ 22,400.00 |
| 8 per cent Interest on value of land ($12,000.00) | $ 960.00 |
| 8 per cent interest on $8,000.00 working capita | $ 640.00 |
| 3 per cent depreciation on $280,000.00 | $ 8,400.00 |
| Insurance (estimated) | $ 1,200.00 |
| Taxes (estimated) | $ 2,500.00 |
| Total Overhead Charge | 36,100.00 |
or 36100 / 60450 = 69.72 cent per ton
Total Expense $124,961.00
or 124961 / 60450 = $2.06.72 per ton
NOTE--If the
LUHR & FRIEDL ICE MAKING SYSTEM
is used, the Ice Plant Labor Cost will be as follows:
| May, June, July, August, September and October require: | ||
| 3 ice pullers | per day $ 6.00 | |
| 3 storage house men | per day $ 6.00 | |
| Total | per day $ 36.00 | |
| 184 days at $ 36.00 equals | | $ 6,624.00 |
| March, April and November require: | ||
| 3 ice pullers | per day $ 6.00 | |
| 2 storage house men | per day $ 6.00 | |
| Total per day | $ 30.00 | |
| 91 days at $ 30.00 equals | | $ 2,730.00 |
| December, January and February require: | ||
| 3 ice pullers | per day $ 6.00 | |
| 1 storage house man | per day $ 6.00 | |
| Total | per day $ 24.00 | |
| 92 days at $ 24.00 equals | $ 2,208.00 | |
| 1 shipping clerk | per day $ 8.00 | |
| 330 days x 8 equals. | $ 2,640.00 | |
| Total Labor Cost. | $ 14,202.00 |
or 14202 / 60450 = 23.49 cent per ton