Build up a unit rate per m³ of excavation work by using an excavator. Data Capital Cost Interest Transportation cost Maintenance cost Insurance Scrap value Operator Diesel Lubrication oil Consumption of diesel Consumption of lubrication oil Excavator capacity per hour Profit and overhead Excavator working Economic life cycle of an excavator is RM 255,000.00 4% of capital ost per year RM 3000 5% of capital 6% of capital RM 7500.00 RM 300/day RM 1.80/litre RM 25/litre 15 litres/hour 2 litres/day 15m3/hour ost per year ost per year 7% 200 hour per month 7 years
Build up a unit rate per m³ of excavation work by using an excavator. Data Capital Cost Interest Transportation cost Maintenance cost Insurance Scrap value Operator Diesel Lubrication oil Consumption of diesel Consumption of lubrication oil Excavator capacity per hour Profit and overhead Excavator working Economic life cycle of an excavator is RM 255,000.00 4% of capital ost per year RM 3000 5% of capital 6% of capital RM 7500.00 RM 300/day RM 1.80/litre RM 25/litre 15 litres/hour 2 litres/day 15m3/hour ost per year ost per year 7% 200 hour per month 7 years
Chapter1: Financial Statements And Business Decisions
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The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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![QUESTION
Build up a unit rate per m³ of excavation work by using an excavator.
Data
Capital Cost
Interest
Transportation cost
Maintenance cost
Insurance
Scrap value
Operator
Diesel
Lubrication oil
Consumption of diesel
Consumption of lubrication oil
Excavator capacity per hour
Profit and overhead
Excavator working
Economic life cycle of an excavator is
RM 255,000.00
4% of capital ost per year
RM 3000
5% of capital ost per year
6% of capital
ost per year
RM 7500.00
RM 300/day
RM 1.80/litre
RM 25/litre
15 litres/hour
2 litres/day
15m³/hour
7%
200 hour per month
7 years](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5af0e48b-f597-4f3b-a5c6-419ca05c6dd2%2Fa176b820-cb5f-4f8c-bd4d-8649f7664628%2Fbmh8w3v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION
Build up a unit rate per m³ of excavation work by using an excavator.
Data
Capital Cost
Interest
Transportation cost
Maintenance cost
Insurance
Scrap value
Operator
Diesel
Lubrication oil
Consumption of diesel
Consumption of lubrication oil
Excavator capacity per hour
Profit and overhead
Excavator working
Economic life cycle of an excavator is
RM 255,000.00
4% of capital ost per year
RM 3000
5% of capital ost per year
6% of capital
ost per year
RM 7500.00
RM 300/day
RM 1.80/litre
RM 25/litre
15 litres/hour
2 litres/day
15m³/hour
7%
200 hour per month
7 years
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