Answered step by step
Verified Expert Solution
Link Copied!

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

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

Step: 3

blur-text-image

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

Contemporary Sport Management

Authors: Paul M. Pedersen, Lucie Thibault

6th Edition

1492550957, 978-1492550952

More Books

Students also viewed these General Management questions