Q: Calculate the hourly owning cost of the crawler tractor shown Its details are below: 1 Initial purchase cost = 106 * 300 dinars. 2. The cost of transportation = 106 * 2 dinars. 3. The annual downtime cost = 106 * 4.5 dinars. 4 The cost of tires = 106 * 4 dinars. 5. The useful life of the machine = 10 years 6. Tire useful life = 1500 hours 7. Number of operating hours = 2500 hours 8. Investment rate = 10%. 9. The cost of repair and maintenance = 20% of the annual depreciation cost. Note: Use the sum of the numbers of the years method to calculate the extinction)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Q: Calculate the hourly owning cost of the crawler tractor shown
Its details are below:
1 Initial purchase cost = 106 * 300 dinars.
2. The cost of transportation = 106 * 2 dinars.
3. The annual downtime cost = 106 * 4.5 dinars.
4 The cost of tires = 106 * 4 dinars.
5. The useful life of the machine = 10 years
6. Tire useful life = 1500 hours
7. Number of operating hours = 2500 hours
8. Investment rate = 10%.
9. The cost of repair and maintenance = 20% of the annual depreciation cost.
Note: Use the sum of the numbers of the years method to calculate the extinction)
Transcribed Image Text:Q: Calculate the hourly owning cost of the crawler tractor shown Its details are below: 1 Initial purchase cost = 106 * 300 dinars. 2. The cost of transportation = 106 * 2 dinars. 3. The annual downtime cost = 106 * 4.5 dinars. 4 The cost of tires = 106 * 4 dinars. 5. The useful life of the machine = 10 years 6. Tire useful life = 1500 hours 7. Number of operating hours = 2500 hours 8. Investment rate = 10%. 9. The cost of repair and maintenance = 20% of the annual depreciation cost. Note: Use the sum of the numbers of the years method to calculate the extinction)
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