Steve, I'm a little confused as to where 220.3(B) comes in to play with motor feeders.
The answer to the question would be "B" #2
Table 430.150 shows 41 amps for your 40 hp
and 14 amps for the 10 hp.
41 amps with a 1.1 mutiplier = 45.1
largest motor x 125%
45.1 x 1.25 = 56.38
56.38 + 45.1 + 14 = 115.48
115 amps, .48 could be dropped,
but, if you know the test is going to force you to round to the tenth, you would have to raise the .48 to .5 and take you to 116 amps meaning #1 THW.
Now, in reality if you converted 116 amps at 460 v to watts, you could then divide by your true voltage of 480 x 1.732 and get down to 111 amps.
Sorry about the rambling.
Roger
[This message has been edited by Roger (edited 02-21-2003).]