In: Economics
The signboard is essential for everyone like firms, schools, colleges, and industries. Each and everyone will go with a signboard based on the size, budget, and quality. Later the maintenance is also an essential part for using signboard effectively. There are two variances in signboard again, one is electric and non-electric. If it is a non-electric signboard, it requires marker and eraser.
Let us see the calculation for maintenance cost of the non-electric signboard.
For example, the marker each costs $10 so it requires 2 per month.
Let’s calculate per year marker requirement; so, $10 x 2 x 12 = $240
For example, the eraser cost $15 and it requires per month one is enough.
So let us calculate per year requirement; so, $15x12 = $180.
Now we got the total maintenance cost for non-electric signboard approximately is $420 ($240 + $180)
If we see the electric signboard then it depends upon their usage so the maintenance cost mainly depends upon the electricity bill. So, let us assume per month bill generated as $75.
So, the yearly calculation of maintenance cost: $75 x 12 = $900.
If there is an annual maintenance cost then let us assume the charge like $100
So the total maintenance cost of electric signboard per year approximately is $1000($900 + $100)