What is the hourly rate of equipment basedon the following data?Purchase price (P) = $460,000%3DSalvage value (F) = $40,000Useful life (N) = 10 yearsWorking hours per year = 2000 HoursAnnual maintenance costs =10% ofpurchase priceAnnual operating costs = $47,000%3DInterest rate (i) = 15%Select one:a. $61.34/hrb. $51.34/hrc. $91.34/hrd. $81.34/hr

Given data, Purchase price P = $460,000 Salvage value F = $40,000 Annual maintenance cost A = 10% of…

What is the hourly rate of equipment based on the following data? Purchase price (P) = $460,000 Salvage value (F) = $40,000 %3D Useful life (N) = 10 years %3D Working hours per year = 2000 Hours Annual maintenance costs = 10% of purchase price Annual operating costs = $47,000 Interest rate (i) = 15% Select one: a. $61.34/hr b. $51.34/hr c. $91.34/hr d. $81.34/hr

What is the hourly rate of equipment based on the following data? Purchase price (P) = $460,000 Salvage value (F) = $40,000 %3D Useful life (N) = 10 years %3D Working hours per year = 2000 Hours Annual maintenance costs = 10% of purchase price Annual operating costs = $47,000 Interest rate (i) = 15% Select one: a. $61.34/hr b. $51.34/hr c. $91.34/hr d. $81.34/hr

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Concept explainers

Measuring carpentry and miscellaneous items

The modification of planning and drawing of the construction project into the various descriptions and quantities to estimate the value, cost, and price of the project is known as measurement. The quantity supervisor produces the details of the quantities to the contractor or subcontractor to measure the cost of the work and determine the profit of the contractor or subcontractor. The measurement of the construction work depends on its type, usage, and stages in the project. In the early stage of the project, the details of the project depend on the general parameters. As the work starts, more information is searched and the details are dependent on the elemental estimates of the work.

Question

What is the hourly rate of equipment based
on the following data?
Purchase price (P) = $460,000
%3D
Salvage value (F) = $40,000
Useful life (N) = 10 years
Working hours per year = 2000 Hours
Annual maintenance costs =
10% of
purchase price
Annual operating costs = $47,000
%3D
Interest rate (i) = 15%
Select one:
a. $61.34/hr
b. $51.34/hr
c. $91.34/hr
d. $81.34/hr

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