Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q2(a) Based on the following data, calculate the all-in (Gross Rate) in RM (RINGGIT MALAYSIA) of hourly cost for a Komatsu PC-200 hydraulic excavator. Adopt

image text in transcribed

Q2(a) Based on the following data, calculate the "all-in" (Gross Rate) in RM (RINGGIT MALAYSIA) of hourly cost for a Komatsu PC-200 hydraulic excavator. Adopt 20% as overhead and profit for both standing and running charges. Capital cost (purchase price) RM350,000.00 Residual Value (Tesale/scrap value) RM100,000.00 Interest on capital 3% compounded yearly Expected Life 10 years Hours worked per annum 2700 Maintenance cost 2% of capital cost per annum Insurance RM2,000.00 per annum Road Tax RM0.00 per annum Operator's wages RM15 per hour Fuel @ 20 litres/hour "RM2.00/litre Lubricants allow 10% of fuel costs (15 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Detecting Accounting Fraud Analysis And Ethics

Authors: Cecil W. Jackson

1st Edition

1292059400, 9781292059402

More Books

Students also viewed these Accounting questions

Question

3. Give examples of four fair disciplinary practices.

Answered: 1 week ago

Question

4. Explain how to use fair disciplinary practices.

Answered: 1 week ago