Question 3 (25%) (CLO 4: 100%) Find the expected hourly owning and operating cost for the third year of operation of a wheel loader described below, using depreciation method of Sum of the Years Digits Delivered Price = SR 520,000 Hours operated - 2500 hout/year VAT-SR 25.000 Expected loader life -8 years Initial assembly SR 10,000 Rated horsepower 500 kW Tire cost-SR 20,000 Investment (interest), tax, insurance, and storage rate - 20% Estimated salvage value - SR 55,000 Fuel consumption factors -0.050 l/h/kW Operator's wage - SR 50.00/h Service cost factors (% of hourly fuel cost) -30% Fuel cost (Diesel) - SR 2/1 Lifetime repair cost (% of initial cost less tires)-80% Tire Life -3000 h Mark Cost SR Calculation Owning cost 6 1. Depreciation cost 3 2. Investment, fax, insurance. and storage Total Owning Cost 2 Operating Cost 3 1. Fuel Cost 2 2. Service cost 3 3. Repair Cost 2 4.7'ire Cost 2 Total Operating Cost TOTAL O&O Cost 2 Question 3 (25%) (CLO 4: 100%) Find the expected hourly owning and operating cost for the third year of operation of a wheel loader described below, using depreciation method of Sum of the Years Digits Delivered Price = SR 520,000 Hours operated - 2500 hout/year VAT-SR 25.000 Expected loader life -8 years Initial assembly SR 10,000 Rated horsepower 500 kW Tire cost-SR 20,000 Investment (interest), tax, insurance, and storage rate - 20% Estimated salvage value - SR 55,000 Fuel consumption factors -0.050 l/h/kW Operator's wage - SR 50.00/h Service cost factors (% of hourly fuel cost) -30% Fuel cost (Diesel) - SR 2/1 Lifetime repair cost (% of initial cost less tires)-80% Tire Life -3000 h Mark Cost SR Calculation Owning cost 6 1. Depreciation cost 3 2. Investment, fax, insurance. and storage Total Owning Cost 2 Operating Cost 3 1. Fuel Cost 2 2. Service cost 3 3. Repair Cost 2 4.7'ire Cost 2 Total Operating Cost TOTAL O&O Cost 2