Cost of use definition
Cost of use means the cost per ton to the person or business processing or end-using the waste tires in an acceptable application. Cost of use includes the purchase price of the material, and all fixed and variable costs related to the processing or end use of the waste tires.
Cost of use means the equipment, leasehold improvements, buildings, land, engineering, transportation, operating, taxes, interest, and depreciation or replacement costs of using waste tire materials incurred by the end user after deducting any tipping fee received by the end user.
Examples of Cost of use in a sentence
Cost of services (heating, lighting & catering); Cost of staffing (additional security, caretaking and cleaning) - including “on-costs”; Cost of administration; Cost of “wear and tear”; Cost of use of school equipment (if applicable); Fee in lieu of use of premises, i.e. a rental value.
A charge will be levied which covers the following: Cost of services (heating and lighting); Cost of staffing (additional security, caretaking and cleaning) - including “on-costs”; Cost of administration; Cost of “wear and tear”; Cost of use of school equipment (if applicable); Profit element (if appropriate).