you can use estimates if historical information isn't available. Divide total actual or estimated fuel expenses by actual or estimated annual miles driven to calculate annual fuel cost per mile. For example, if you drove 15,000 miles and spent $1,600 on fuel over the ...
With the help oflast-mile logistics softwareand advanced algorithms, you can not only calculate your cost per mile but also act on it. This guide will explain the step-by-step process for calculating your CPM (or you candownload a free spreadsheet, the Cost per Mile Calculator, here). Yet...
Take the average price that you pay at the pumps per gallon and divide that by the number you found when you calculated mpg for your car. Here’s the formula: price per gallon miles per gallon = price per mile Again, you can use a variation of the same equation to calculate price per...
Divide that figure into one to calculate the number of gallons used per mile. As an example, if you get 20 mpg, then divide 20 into one. This results in 0.05 gallon per mile. This means that for every mile you drive, you are consuming 0.05 gallon of gas. Look at your odometer and ...
Although the higher octane fuels often cost a little more i have found the overall cost per mile is the same or better than if I'd used the lower octane fuel and it's nice to have the extra performance there. Weight reduction.
How to Calculate Car Depreciation You can calculate car depreciation in several ways: Age of vehicle. Cost per mile. Difference between the purchase price and the selling price (straight line). Method #1: Depreciation Based on Age of Vehicle This method is based on the purchase price of the ...
Energy Required To Charge Battery Cost To Charge Battery Range Of Distance Charging Cost Per Mile Audi Q4 Sportback e-tron 86 kWh $13.92 242 miles 5.8 cents Audi Q4 e-tron 86 kWh $13.93 265 miles 5.3 cents Cost to charge an EV vs. gas fuel fillup Charging your EV is typically cheaper...
Parcel weight and dimensions play a fundamental role in determining shipping costs. Carriers often use both actual weight per kg and/or volumetric (dimensional) weight to calculate the charge, opting for whichever is greater. Dimensional weight accounts for the density of a parcel...
DHL’sGoGreen Plussolution enables businesses to reduce the carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel – a biofuel that is produced from renewable sources such as vegetable oils, animal fats, waste products, and agricultural crops. It ...
The calculation, however, remains the same regardless of current fuel prices. Figuring Fuel Surcharge Percentage To figure the fuel surcharge percentage, you must calculate the average cost per gallon. Add up the total fuel costs for the trip and divide that by the total gallons bought. For ...