Using the following information, determine the Ownership costs for a hydraulic excavator per hour. Actual cost (delivere

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Using The Following Information Determine The Ownership Costs For A Hydraulic Excavator Per Hour Actual Cost Delivere 1 (26.73 KiB) Viewed 57 times

Using the following information, determine the Ownership costs for a hydraulic excavator per hour. Actual cost (delivered)-$172,600 (cash, neglect time value of money) Horsepower rating-245 hp Salvage value-$17,200 Useful life-8 years (Assume an average of 1,600 operating hours per year) Insurance-$2,589 per year Taxes - $3,020 per year Storage--$2,157 per year Fuel Consumption per hour 0,04 gallons. Fuels and oil costs per hour--$5.00 per hr Maintenance ... $300 every 500 hrs Use Factor - 50 minutes per hour Repairs - 75% useful life. O $26.50 O $27.50 O $25.75 O $26.25