Problem B Equipment Estimating Use the following information for a scraper. Actual cost (delivered) $162,000 including tires Horsepower rating-200 hp Cost of tires-$6,000 Salvage value $32,400 Useful life 6 years at 1,400 hours per year Total interest-7 percent per year Insurance $3,240 per year Taxes $3,645 per year Storage-$2,025 per year Fuel cost-$3.90 per gallon Fuel consumption rate 0.06 gallons per hp per hour Power utilization-85 percent Use factor-40 minutes per hour (66.67 percent) Lubrication 8 quarts of oil at $4.50 per quart Oiler labor-2.2 hours at $27.65 Lubrication schedule-every 100 hours Oil filter-$8.70 Grease-1 tube per 8 hour shift at $7.00 Air filter-$17.00 changed every 200 hours Life of tires-3,500 hours Repair to tires-12 percent of deprecation Repairs to equipment-120 percent over useful life
Problem B Equipment Estimating Use the following information for a scraper. Actual cost (delivered) $162,000 including tires Horsepower rating-200 hp Cost of tires-$6,000 Salvage value $32,400 Useful life 6 years at 1,400 hours per year Total interest-7 percent per year Insurance $3,240 per year Taxes $3,645 per year Storage-$2,025 per year Fuel cost-$3.90 per gallon Fuel consumption rate 0.06 gallons per hp per hour Power utilization-85 percent Use factor-40 minutes per hour (66.67 percent) Lubrication 8 quarts of oil at $4.50 per quart Oiler labor-2.2 hours at $27.65 Lubrication schedule-every 100 hours Oil filter-$8.70 Grease-1 tube per 8 hour shift at $7.00 Air filter-$17.00 changed every 200 hours Life of tires-3,500 hours Repair to tires-12 percent of deprecation Repairs to equipment-120 percent over useful life
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
Related questions
Question
![Medicare 1.45 percent of all wages
FUTA 0.6 percent on the first $7,000 of wages
SUTA 2.5 percent on the first $22,000 of wages
Worker's compensation insurance $9.27 per $100.00 of wages
General liability insurance 0.65 percent of wages
Health insurance (company's portion) $385 per month per employee
Retirement $0.75 per $1.00 contributed by the employee on 6 percent of the emp
Actual cost (delivered) $162,000 including tires
Horsepower rating-200 hp
Cost of tires-$6,000
Salvage value-$32,400
Useful life-6 years at 1,400 hours per year
Total interest-7 percent per year
Insurance $3,240 per year
Taxes $3,645 per year
Storage-$2,025 per year
Fuel cost-$3.90 per gallon
Fuel consumption rate 0.06 gallons per hp per hour
Power utilization-85 percent
Use factor-40 minutes per hour (66.67 percent)
Lubrication-8 quarts of oil at $4.50 per quart
Oiler labor-2.2 hours at $27.65
Lubrication schedule-every 100 hours
Oil filter-$8.70
Grease-1 tube per 8 hour shift at $7.00
Air filter-$17.00 changed every 200 hours
Life of tires-3,500 hours
Repair to tires-12 percent of deprecation
Repairs to equipment-120 percent over useful life
Problem B Equipment Estimating
Use the following information for a scraper.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2fd2d543-31f1-4e74-add3-5ef381a047cc%2Fb3396bc0-faa4-4b9d-91b8-a9405d8f7846%2Futc6dno_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Medicare 1.45 percent of all wages
FUTA 0.6 percent on the first $7,000 of wages
SUTA 2.5 percent on the first $22,000 of wages
Worker's compensation insurance $9.27 per $100.00 of wages
General liability insurance 0.65 percent of wages
Health insurance (company's portion) $385 per month per employee
Retirement $0.75 per $1.00 contributed by the employee on 6 percent of the emp
Actual cost (delivered) $162,000 including tires
Horsepower rating-200 hp
Cost of tires-$6,000
Salvage value-$32,400
Useful life-6 years at 1,400 hours per year
Total interest-7 percent per year
Insurance $3,240 per year
Taxes $3,645 per year
Storage-$2,025 per year
Fuel cost-$3.90 per gallon
Fuel consumption rate 0.06 gallons per hp per hour
Power utilization-85 percent
Use factor-40 minutes per hour (66.67 percent)
Lubrication-8 quarts of oil at $4.50 per quart
Oiler labor-2.2 hours at $27.65
Lubrication schedule-every 100 hours
Oil filter-$8.70
Grease-1 tube per 8 hour shift at $7.00
Air filter-$17.00 changed every 200 hours
Life of tires-3,500 hours
Repair to tires-12 percent of deprecation
Repairs to equipment-120 percent over useful life
Problem B Equipment Estimating
Use the following information for a scraper.
![In problem set "B", What is total ownership cost per hour? (input numeric value only)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2fd2d543-31f1-4e74-add3-5ef381a047cc%2Fb3396bc0-faa4-4b9d-91b8-a9405d8f7846%2F093f0ir_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In problem set "B", What is total ownership cost per hour? (input numeric value only)
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