Calculate the hourly owning and operating cost for a 200-hp crawler-type hydraulic excavator bought at $150,000. Assume a salvage value of $25,000. Use Straight-line depreciation method and a 5-yr life. ITS is estimated as 8% of Average Annual Value. Fuel cost is $4.00/gal, and total repair cost for equipment lifetime is estimated as 60% of equipment original price.

Calculate the hourly owning and operating cost for a 200-hp crawler-type hydraulic excavator bought at $150,000. Assume a salvage value of $25,000. Use Straight-line depreciation method and a 5-yr life. ITS is estimated as 8% of Average Annual Value. Fuel cost is $4.00/gal, and total repair cost for equipment lifetime is estimated as 60% of equipment original price.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 6RQ

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