Slippage Costs
- 6,000
avg. gallons pumped per mo.
- 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