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1. Calculate the equipment and labor prices per cubic yard (CY) to excavate 7500 CY of trench using a CY backhoe costing $750/day (hours),

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1. Calculate the equipment and labor prices per cubic yard (CY) to excavate 7500 CY of trench using a CY backhoe costing $750/day (hours), plus $3,000 for transportation and setup charges. Expected output is 75 CY/Hour with an operator and 1 laborer at $50.00 and $25.00, respectively. (5 Points)

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