Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SUBJECT: CONSTRUCTION ENGINEERING Using the following information, determine the ownership and operating costs for hydraulic excavator. Actual cost (delivered) - $172,600 Horsepower rating - 245
SUBJECT: CONSTRUCTION ENGINEERING
Using the following information, determine the ownership and operating costs for hydraulic excavator.
Actual cost (delivered) - $172,600
Horsepower rating - 245 hp
Salvage value - $17,200
Useful life - 8 years at 1,600 hours per year
Total interest - 6.5 percent per year
Taxes - $3,020 per year
Insurance - $2,589 per year
Storage - $2,157 per year
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started