Question

In: Accounting

Please calculate the ownership cost per hour for a motor grader powered by a 190 HP...

  1. Please calculate the ownership cost per hour for a motor grader powered by a 190 HP diesel engine based on the straight line method of depreciation and on the following data:
    1. Operating factor 50%
    2. Purchase price $175,000 (including tires)
    3. Freight charges $1,500
    4. Estimated salvage value $17,500
    5. Useful life 7 years
    6. Hours used per year 1,800
    7. Maintenance & repairs 125% of annual depreciation
    8. Equipment overhead rate 11% of average annual investment
    9. Diesel price $1.45 per gallon
      1. Fuel Cost =
        1. $102

  1. 16.53

  1. $6.06

  1. $5.51

  1. Please calculate the ownership cost per hour for a motor grader powered by a 190 HP diesel engine based on the straight line method of depreciation and on the following data:
    1. Operating factor 50%
    2. Purchase price $175,000 (including tires)
    3. Freight charges $1,500
    4. Estimated salvage value $17,500
    5. Useful life 7 years
    6. Hours used per year 1,800
    7. Maintenance & repairs 125% of annual depreciation
    8. Equipment overhead rate 11% of average annual investment
    9. Diesel price $1.45 per gallon
      1. Equipment Overhead =
        1. $28,393

  1. $10,670

  1. $61,645

  1. $22,714

  1. Please calculate the ownership cost per hour for a motor grader powered by a 190 HP diesel engine based on the straight line method of depreciation and on the following data:
    1. Operating factor 50%
    2. Purchase price $175,000 (including tires)
    3. Freight charges $1,500
    4. Estimated salvage value $17,500
    5. Useful life 7 years
    6. Hours used per year 1,800
    7. Maintenance & repairs 125% of annual depreciation
    8. Equipment overhead rate 11% of average annual investment
    9. Diesel price $1.45 per gallon
      1. Annual Equipment Cost =
        1. $61,777

  1. $28,393

  1. $10,670

  1. $22,714

  1. Please calculate the ownership cost per hour for a motor grader powered by a 190 HP diesel engine based on the straight line method of depreciation and on the following data:

Operating factor 50%

Purchase price $175,000 (including tires)

Freight charges $1,500

Estimated salvage value $17,500

Useful life 7 years

Hours used per year 1,800

Maintenance & repairs 125% of annual depreciation

Equipment overhead rate 11% of average annual investment

Diesel price $1.45 per gallon

Total hourly cost =

Group of answer choices

$34.32

$54.32

$40.38

$44.23

  1. In the simple quantity take off drawing, what is the square foot of the windows and doors?
    1. 65 SF

  1. 43 SF

  1. 60 SF

  1. 40 SF

  1. In the simple quantity take off drawing, what is the square footage for painting the wall?
    1. 660 SF

  1. 265 SF

  1. 330 SF

  1. 595 SF

  1. In the simple quantity take off drawing, what is the volume of the floor concrete?
    1. 17 CY

  1. 22 CY

  1. 16.1 CY

  1. 14 CY’

  1. The BANK Volume of CUT for the section on the left hand side of the red line =

Group of answer choices

84 CYD

105 CYD

2125 CFT

1035 CFT

  1. For the section on the left hand side of the red line, the number of 20 CYD-truck loads required to haul the surplus soil=
    1. 6

  1. 2

  1. 1

  1. 4

  1. For the section on the left hand side of the red line, the BANK Volume of fill =
    1. 4437.5 CFT

  1. 1845 CFT

  1. 1831 CYD

  1. 2289 CYD

  1. At coordinate E2, the depth of cut or fill=
    1. 0.5' Cut

  1. 0.5 yard Fill

  1. 0.5 yard Cut

  1. 0.5' Fill

  1. Net Swelled volume to be disposed of for the section on the left hand side of the red line assuming a swell factor of 10%=
    1. 120 CYD

  1. 891 CFT

  1. 2125 CFT

  1. 84 CYD

  1. The Swelled Cut Volume for the section on the left hand side of the red line assuming a swell factor of 10%=
    1. 1139 CFT

  1. 22325 CFT

  1. 115 CYD

  1. 4438 CFT

  1. The number of corners/squares/quadrants at coordinate E1 is
    1. 4

  1. 3

  1. 1

  1. 2

  1. For the SQUARE ISOLATED FOUNDATION shown in Figure 1 Square footing in a commercial building, found in the file “FIGURES AND TABLES FOR TEST 1” under ASSIGNMENTS on blackboard, please answer the following question.
    1. The excavation volume =
      1. 2100 CFT

  1. 90.35 CYD

  1. 67.67 CYD

  1. 92.84 CYD

  1. For the SQUARE ISOLATED FOUNDATION shown in Figure 1 Square footing in a commercial building, found in the file “FIGURES AND TABLES FOR TEST 1” under ASSIGNMENTS on blackboard, please answer the following questions
    1. The form area of the foundation and the column =
      1. 95 SF

  1. 65 SF

  1. 85 SF

  1. 75 SF

  1. For the SQUARE ISOLATED FOUNDATION shown in Figure 1 Square footing in a commercial building, found in the file “FIGURES AND TABLES FOR TEST 1” under ASSIGNMENTS on blackboard, please answer the following questions
    1. The concrete volume for the foundation and the column =
      1. 3.15 CYD

  1. 2.40 CYD

  1. 89.45 CFT

  1. 3.55 CYD

Solutions

Expert Solution

Step 1

Average Annual Investment

Purchase price175000

Delivery cost=1500

Salavage Value =17500

Average Annual Investment= Purshase Price + Delivery Cost+ Salavage Value/2

175000+1500+17500/2 = 97000

Spet 2

Fuel Consumption

(Motor horse power)(Fuel Consumptio Rate)(Operating Factor)/100

Motor horse powe=190hp

Fuel Consumptio Rate = 0.06

Operating Factor= 50

(190)(0.06)(50)/100 = 5.7gal/hr

Step 3

Depreciation

PurchasePrice+Delivery Cost-salvage Value/usefull Life

Purchase price=175000

Delivery cost=1500

Salavage Value =17500

usefull Life = 7 years

175000+1500-17500/7 = 22714/year

Step 3

Maintenance and Rapairs

(Rapair Rate Estimate)(Deperaciation Cost)

Rapair Rate Estimate =125%

Deperaciation Cost = 22714/year

=(1.25)(22714)

=28392.5

Step 4

Equpment overhead

=(Overhead rate)(Average cost investment)

=(11%)(Average cost investment)

=(0.11)(97000)

=10670

Step 5

Annual Cost

=Depreciation+Maint.and Repairs+overhead

=22714+28392.5+10670

=61,776.5

Hourly Vehicle Cost

=Annua Vehicale Cost/Asset Jsage Time per year

= 61776.5/1800

=34.32/hr

Step 6

Fuel Cost

=(Fuel Consumption rate)(Fuel Cost)

=(5.7 gal/hr)(1.45 per gal)

=8.26/hr


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