Please present your work in a printed spreadsheet format, portrait orientation w

Question

Please present your work in a printed spreadsheet format, portrait orientation with our course header. Using the following information, determine the fixed and operating costs for a scraper: Delivered equipment cost - $221,000 Horsepower rating - 200hp Cost of tires - $8,000 Salvage value - 20% Useful life - 6 years, use 8400 hours Total interest - 5.5% Length of loan - 6 years Total insurance, taxes and storage - 5.5% per year Fuel cost - $4.65/gallon Fuel consumption rate -.06 gallons per hp per hour Power utilization - 85% Use factor - 40 minutes per hour Lubrication - 8 quarts of oil at $4.50/quart Oiler labor - 2.2 hours at $27.65 per hour Lubrication schedule - every 100 hours Life of tires - 3,500 hours Repair to tires = 12% of depreciation Repairs to equipment - 120% over the useful life

Explanation / Answer

PARTICULARS FIXED COST($) OPERATING COST($) DELIVERED EQUIPMENT COST 2,21,000 COST OF TIRES 8,000 INTEREST 12,595 INSURANCE,TAXES AND STORAGE 12,595 FUEL COST 4,68,720 LUBRICANT 3,024 OILER LABOUR 60.83 POWER REPAIR TO TIRES REPAIR TO EQUIPMENT DEPRECIATION ON TIRES DEPRECIATION ON EQUIPMENT

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.