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Determine the probable average cost per hour over the life of the equipment for owning and...

Determine the probable average cost per hour over the life of the equipment for owning and operating a wheel loader under the conditions listed below. Use the straight line method of depreciation

Operator cost = $20.001h

Operating conditions = average

Delivered price = $70,000

Cost of a set of tires = $4000

Expected loader life = 5 years

Hours operated = 2000 h/ye

Fuel cost = $l.OO/gal ($0.26/C)

Loader horsepower = 120 hp (89.5 kW)

Rate for interest, tax, insurance, and storage = 15%

Jul 22 2020 View more View Less

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