Particulars | Formula | Cost per Hour |
Depreciation | $4500/4000 hours | 1.125 |
Repair | 12% of 1.125 | 0.135 |
Fuel cost | 150hp*0.06 gll*0.62*0.7*$1.1 | 4.297 |
Lubrication | 4qts*1.25= 5 | 5 |
Oiler labour | 2 hours*16.5 33 | |
Lubrication / hour | (5+33)/150 | 0.253 |
Operating cost per hour | 10.81 | |
Operating Cost (per hour): Tire depreciation = ($4,500/4,000 hours) = $1.13 per equip. work hour Tire...
(50 points) Calculate the hourly ownership and operating cost of a wheel-type scraper that has the following characteristics: Total initial cost = $550,000 (including tires) Useful life of the scraper = 6 years Salvage value of the scraper = $75,000 Hours scraper used/year = 1,500 hours Cost of tires = $20,000 Useful life of tires = 4,500 hours Annual tire repair cost = 15% of tire depreciation (assume straight line depreciation) Annual interest, insurance, and tax costs = 12% ofAverage...
ANS Question 5: Calculate the ownership cost per hour for an excavator powered by a 250-hp engine tef based on the following data: Purchase price (P) $420,000 Salvage value (F) -$250,000 Operation factor 50% Useful life (N)-6 years Working hours per year 2000 Maintenance and repair costs: 1 10% of annual depreciation Diesel fuel price 3.8/galion Fuel consumption = 0.04 gallon/hp/hr Lube oil coste 10% of fuel Interest rate (»-10% ANS.
1. Determine the probable average cost per hour over the life of the equipment for owning & operating a wheel loader under the conditions listed below. Use the straight-line method of depreciation. Operator cost: $20/hr. • Operating conditions: Average • Delivered price: $70,000 • Cost of a set of tires: $4,000 • Expected life: 5 years • Hours operated: 2,000 hrs./year • salvage value: 32,000 • Fuel cost $3.00/gal • horsepower: 120 hp • Rate for interest, tax, insurance, &...
What is the depreciation rate? and the salvage value? explain thank you roblem Statement Your company has just been awarded a large contract that would be well suited for Caterpillar 740B Articulated Haul Trucks. A local rental yard said that they will rent you the trucks for $13,200 per month plus 7.0% sales tax not including any operating costs. What would it cost to purchase the trucks instead of renting them? The purchase price including sales tax and attachments is...