Question: Q2(a) Based on the following data, calculate the all-in(Gross Rate) in RM (RINGGIT MALAYSIA) of hourly cost for a Komatsu PC-200 hydraulic excavator. Adopt

Q2(a) Based on the following data, calculate the "all-in"(Gross Rate) in RM

Q2(a) Based on the following data, calculate the "all-in"(Gross Rate) in RM (RINGGIT MALAYSIA) of hourly cost for a Komatsu PC-200 hydraulic excavator. Adopt 20% as overhead and profit for both standing and running charges. Capital cost (purchase price) RM350,000.00 Residual Value (resale/scrap value) RM100,000.00 Interest on capital Expected Life 3% compounded yearly 10 years 2700 Hours worked per annum Maintenance cost 2% of capital cost per annum Insurance RM2,000.00 per annum Road Tax RM0.00 per annum RM15 per hour Operator's wages Fuel @ 20 litres/hour "RM2.00/litre Lubricants allow 10% of fuel costs (15 marks)

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