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Please solve Quickly Q1 - A contractor has a construction machinery that he wants to rent to another contractor for a period of one year,
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Q1 - A contractor has a construction machinery that he wants to rent to another contractor for a period of one year, provided that the rental price includes the costs of operation and maintenance. Calculated by the sum of the digits of the years 87 13 12 8 71 6 8% Purchase price (millions of dinars) Book value at the end of the useful life (million dinars) useful life year) Rent for one year starting from the end of the year Operator'swages for each working day (one thousand dinars) Annual maintenance cost (million dinars) 8% The contractor wants a profit of a percentage of the rent amount Prevailing annual interest rate Mechanical aspect per day (tons) 116 193 Number of annual working days. Using the fixed ratio method Find the cost of production per ton from the point of view ofthe tenant(neglect the cost of raw materials)*Step by Step Solution
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