Professional Documents
Culture Documents
Text 2
Text 2
Standing charges
1. Licence duty and insurance; 2. Garage costs and administrative expenses; 3.
Wages of drivers and conductors; 4. Depreciation; 5. Tax; etc.
Running (variable) costs:
1. Petrol or diesel; 2. Oil; 3. Grease; etc.
Maintenance charges
1. Repairs and maintenance; 2. Cost of tyres, tubes, batteries, etc.; 3. Garage
charges; 4. Overhauling of vehicles;
Service Costing is a Method Costing applied to undertaking which provides service
rather than production of commodities.
Compiled by Prof. M. E. Jokhi. M.Com, C.A., I.C.W.A., Ph.D.
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