Calculate the total hourly owning and operating cost of a 300-hp crawler-type excavator bought at $225,000. The backhoe works 1,800 hours per year and has a useful life of 7 years with a salvage value of $40,000. Use straight-line depreciation. The IITS is estimated as 9% of Average Annual Value. Total cost of repairs for the lifetime is estimated as 65% of equipment original price. Fuel cost is $3.75/gal.
Calculate the total hourly owning and operating cost of a 300-hp crawler-type excavator bought at $225,000. The backhoe works 1,800 hours per year and has a useful life of 7 years with a salvage value of $40,000. Use straight-line depreciation. The IITS is estimated as 9% of Average Annual Value. Total cost of repairs for the lifetime is estimated as 65% of equipment original price. Fuel cost is $3.75/gal.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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