Question: SUBJECT: CONSTRUCTION ENGINEERING Using the following information, determine the ownership and operating costs for hydraulic excavator. Actual cost (delivered) - $172,600 Horsepower rating - 245
SUBJECT: CONSTRUCTION ENGINEERING
Using the following information, determine the ownership and operating costs for hydraulic excavator.
Actual cost (delivered) - $172,600
Horsepower rating - 245 hp
Salvage value - $17,200
Useful life - 8 years at 1,600 hours per year
Total interest - 6.5 percent per year
Taxes - $3,020 per year
Insurance - $2,589 per year
Storage - $2,157 per year
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