Hi, if no depreciation percentage figure is given in the case study and only purchase price, does this mean that the asset has fully depreciated and thus no figure needs to added to the standing costs ? Thanks
Hi, you can only work with the information provided in the case study and scenario. If there is no mention of depreciation then it will not form part of the calculation.
Hi Manda. If you are referring to an exam, the information will clearly state whether the cost for the tyres relates just to the tractor unit. It is normal, where a trailer has to be calculated, the values will be given separately in the scenario information.
Hi, i know you posted this about 2 years ago but i just find the video..... anyway my question is why you calculated 3 drivers if the question it was only for route 11 and the 3rd driver it's from route 6??? Maybe i missed something but i don't understand why you calculated 3 drivers when it can be done with 2 drivers for route 11!! Thank you very much in advance
Hi. The case study tells us that Route 11 delivers foodstuff from Stockport, returning to Oxford, however it also tells us that it delivers packaging and marketing materials from Oxford, so the costings will need to start from Oxford (including the requirement for the third driver)
I have worked in the HGV industry for 30 years in Australia as a driver and Operations Manager, i'm now looking for work in the UK my home country, i have look at CPC it's is just a money making scheme when you cost its fuel and man power(wages) Running cost should be caluculate when you first look a buying a vehical as a percentage (Acountants costing) which gets added to the overall cost over the lenght of payment for the vehical. The rest as transport worker you should keep up with legislation not be told every 5 years
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Thanks a lot, very helpful information
Thank you for the feedback Jatinder
Subscribed Very use full. Thank you
Thanks and welcome
Hi, if no depreciation percentage figure is given in the case study and only purchase price, does this mean that the asset has fully depreciated and thus no figure needs to added to the standing costs ? Thanks
Hi, you can only work with the information provided in the case study and scenario. If there is no mention of depreciation then it will not form part of the calculation.
Hi, Can I ask if the set of new tyres would be for the unit AND trailer or would you need to calculate for 2 sets please?
Hi Manda. If you are referring to an exam, the information will clearly state whether the cost for the tyres relates just to the tractor unit. It is normal, where a trailer has to be calculated, the values will be given separately in the scenario information.
Very usefull
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Hi, i know you posted this about 2 years ago but i just find the video..... anyway my question is why you calculated 3 drivers if the question it was only for route 11 and the 3rd driver it's from route 6??? Maybe i missed something but i don't understand why you calculated 3 drivers when it can be done with 2 drivers for route 11!! Thank you very much in advance
Hi. The case study tells us that Route 11 delivers foodstuff from Stockport, returning to Oxford, however it also tells us that it delivers packaging and marketing materials from Oxford, so the costings will need to start from Oxford (including the requirement for the third driver)
I have worked in the HGV industry for 30 years in Australia as a driver and Operations Manager, i'm now looking for work in the UK my home country, i have look at CPC it's is just a money making scheme when you cost its fuel and man power(wages) Running cost should be caluculate when you first look a buying a vehical as a percentage (Acountants costing) which gets added to the overall cost over the lenght of payment for the vehical. The rest as transport worker you should keep up with legislation not be told every 5 years
I agree Michael, the Tranport Manager CPC syllabus is very much geared up to "exam world" rather than "real world"
wish id watched this before submitting my latest assignment .lol. guess another rejection flying my way :)
Fingers crossed you get a pass 🤞
I'd be like..... er, just chuck us a 1er 😅
I thought that was the 'real world' Definitive Guide to Pricing :)
It's shame the camera is too far we can't read what's on the board but still
Thanks for the feedback. We appreciate the comment and can understand the limitation it causes