General Inquiries

Equipment Cost Categories

  • 1.  Equipment Cost Categories

    Posted 08-29-2019 12:17

    We are a road electrical contractor and I want to improve how we collect data on the costs of operating our equipment.  The categories I have for ownership costs are depreciation, insurance, and licensing and registration but wanted to seek suggestions from my CFMA brethren on operating cost categories and why.  Thank you in advance for any input.

     

    Kevin Smith

    Chief Financial Officer

    W.L. Contractors, Inc.

    Equal Opportunity Employer

    5920 Lamar Street

    Arvada, Colorado 80003

    (Office) 303-422-7985

    (Fax)     303-422-1634

    ksmith@teamwl.com

    WL Logo

     



  • 2.  RE: Equipment Cost Categories

    Posted 09-09-2019 11:58
    Don't forget the cost of funds (interest) and major overhaul reserves.

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    Tom Lowrey CPA C F O
    Scott Bridge Company, Inc.
    Opelika AL
    (334) 749-5045
    tlowrey@scottbridge.com
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