Reimbursement Formula:
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Definition: This calculator estimates the reimbursement amount for a do-it-yourself move based on weight moved, rate per 100 pounds per mile, and distance.
Purpose: It helps individuals and organizations calculate fair reimbursement for self-managed moves, often used for military, corporate, or government relocations.
The calculator uses the formula:
Where:
Explanation: The weight is divided by 100 to calculate hundredweight units, multiplied by rate and distance, then increased by 30% (1.3 factor) to account for additional costs in self-moves.
Details: Accurate reimbursement calculations ensure fair compensation for moving expenses while preventing overpayment or underpayment.
Tips: Enter the total weight moved in pounds, standard rate per 100 lbs per mile (default $0.50), and distance in miles. All values must be > 0.
Q1: Why is there a 1.3 multiplier?
A: The 1.3 factor accounts for additional costs associated with DIY moves like fuel, vehicle wear, and labor that aren't included in professional moving services.
Q2: What's a typical rate per 100 lbs?
A: Rates vary but $0.50 per 100 lbs per mile is common for government reimbursements. Check your organization's policies.
Q3: How do I estimate the weight of my belongings?
A: Use weight estimation tools, moving company calculators, or weigh your loaded vehicle and subtract the empty weight.
Q4: Does this include packing materials?
A: No, this calculates transportation reimbursement only. Packing materials are typically reimbursed separately.
Q5: Can I use this for partial reimbursements?
A: Yes, you can adjust the weight to reflect only the items you're claiming reimbursement for.