Slippage Costs
-
6,000
average gallons pumped per month
-
-
10.00%
slippage rate
-
-
$2.50
price per gallon
=
$600.00
Management and Reporting Costs
-
$65.00
average accountant hourly wage
-
-
10
hours managing and reporting per month
=
$600.00
Potential Tax Savings
-
200
monthly gallons that should be exempt
-
9.00%
tax rate
-
-
9.00%
federal tax rate
=
$600.00
Monthly Savings
=
$1800.00
Total Yearly Savings
=
$209706.48