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Truckers Breakeven Calculator. The breakeven calculator on prodrivertools.com is a simple way to calculate how much net earnings you need to cover your expenses. Here’s how it works….Simply enter in your monthly truck payment, trailer and other equipment payments, and your insurance payment.
23 lut 2024 · For the cost per mile calculator Excel, as provided below, you should have at least one month’s mileage and fuel consumption data available per truck. You will also need to factor in drivers’ wages, depreciation, insurance, and any other expenses pertaining to your fleet.
26 paź 2022 · Calculate your cost per mile with this formula: Total expenses/Total miles = Total cost per mile. To figure this out, you’ll need information from previous trips: Expense receipts from food, fuel, lodging, and other expenses from the previous month.
Cost per mile also allows you to determine an appropriate per-mile rate to charge shippers. Knowing your company’s operating expenses on a per-mile basis gives you the information needed to be profitable. If your cost per mile seems high, one solution is to take on more work.
Our Cost Per Mile Calculator empowers you to find your break-even number, helping you understand exactly what you need to make to cover your costs. With this knowledge, you can confidently make decisions that boost your profitability.
Our free calculator will help you determine your breakeven rate per mile based on your current financial status and market conditions. FIXED COSTS BY MONTH. Truck payment (Monthly)*. Trailer payment (Monthly)*. Insurance (Monthly)*.
To calculate the “cost per mile,” divide the cost by the number of miles you drove that month. For example, “fixed costs per mile” is calculated by dividing $2515 (fixed costs) by 8,400 (miles), which gives us $0.30 per mile. Using the same method, we calculate variable costs to be $0.70.
