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The Cost Index and Depreciation Schedules is for use in the valuation of business personal property located in North Carolina. One of the most effective and efficient methods for determining current Replacement Cost New Less Depreciation is the use of these valuation tables.

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The estimated fixed-capital cost of a plant designed to process 100 tons per day of salt slag is about $3,300,000 based on fourth-quarter 1977 costs (Marshall and Swift index of 518.4). The operating cost for this plant is estimated to be about $41 per ton of slag processed.

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COST ESTIMATION Cost Indexes Present Cost=(original cost at time t)* • Marshall and Swift. 1. All industry-equipment index. Arithmetic average of 47 equipment types. 2. Process-industry equipment index. Weighted average of 8 of these: cement 2% paint 5% chemicals 48% paper 10%

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