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


Related Solutions

The cost of 15 hp motor 5 years ago was 25000$. Today cost index value is...
The cost of 15 hp motor 5 years ago was 25000$. Today cost index value is 1810 and 1330 was 5 years ago. If the power-sizing exponent is 0.69 find the following: 1) Calculate the cost of 30 hp motor for 5 years ago. 2) Calculate the cost of 30 hp motor today.
A Company uses a 10-hp motor for 16 hours per day, 5 days per week, 50...
A Company uses a 10-hp motor for 16 hours per day, 5 days per week, 50 weeks per year in its flexible work cell. This motor is 85% efficient, and it is near the end of its useful life. The company is considering buying a new high efficiency motor (91% efficient) to replace the old one instead of buying a standard efficiency motor (86.4% efficient). The high efficiency motor cost $70 more than the standard model, and should have a...
The cost of 15 hp motor 5 years ago was 25000$. Today cost index value is 1810 and 1330 was 5 years ago.
The cost of 15 hp motor 5 years ago was 25000$. Today cost index value is 1810 and 1330 was 5 years ago. If the power-sizing exponent is 0.69 find the following:1) Calculate the cost of 30 hp motor for 5 years ago.2) Calculate the cost of 30 hp motor today.
A plant manager considers that operational cost per hour of five alternative machines. The cost per...
A plant manager considers that operational cost per hour of five alternative machines. The cost per hour is sensitive to three potential weather conditions: cold, mild, and warm. The following table represents the operational cost per hour for each alternative-state of nature combination. Alternatives Cold Mild Warm Machine 1 50 40 45 Machine 2 45 42 47 Machine 3 40 35 54 Machine 4 60 25 48 Machine 5 45 40 45 Probability 30% 50% 20% The EVPI is .
Action Motor Sports Company uses a machine that can produce 100 razor scooters per hour. The...
Action Motor Sports Company uses a machine that can produce 100 razor scooters per hour. The firm operates 12 hours per day, five days per week. Due to regularly scheduled preventive maintenance, the machines will have to be down 5% of the available time. Based on experience with other products produced during preventive maintenance, the firm expects to achieve an efficiency level for the wheels of 95%. Last week's production was 5,640 scooters, some 60 units below effective capacity a....
The Bureau of Labor Statistics shows that the average insurance cost to a company per hour...
The Bureau of Labor Statistics shows that the average insurance cost to a company per hour worked for an employee by major industry group, is $2.94 for construction workers and $3.76 for manufacturing workers. Suppose these figures were obtained from 14 construction workers and 15 manufacturing workers and that their respective population standard deviations are $1.38 and $1.51. Assume that such insurance costs are normally distributed in the population. Calculate a 98% confidence interval to estimate the difference in the...
Habelt Company's labor cost per unit is $45 (3 hours x $15 per hour). For the...
Habelt Company's labor cost per unit is $45 (3 hours x $15 per hour). For the month of May, Habelt Company had 3,600 hours of direct labor with an hourly cost of $40.50 per hour and made 1,300 units of finished product. Find total, price, and quantity variance. Figure out what the total, price, and quantity variances are from the given information.
Emmitt’s direct material cost is $9 per unit. The direct labor rate is $16 per hour...
Emmitt’s direct material cost is $9 per unit. The direct labor rate is $16 per hour and each units takes 1/4 hour to produce. Variable manufacturing overhead is $1 per unit and total budgeted fixed overhead is $7,800. A sales commission of $6 is paid on each unit. If Emmitt expects to produce 2,800 units and sell 1,160 units, what is the budget cost of goods sold per unit? Round your answer to the nearest 2 decimal places
Calculate the total effective hourly cost for a contractor who purchased a 115,000-lb, 385-hp gasoline-engine Power...
Calculate the total effective hourly cost for a contractor who purchased a 115,000-lb, 385-hp gasoline-engine Power Shovel for $412,500. The machine has a set of tires that costs $12,000 and lasts for 5,000 hours. Salvage value is expected to be $44,000 at the end of its 7 years useful life. Major maintenance and repairs would accumulate annually at 70% of annual equipment depreciation cost. Tire repairs are 30% of tire depreciation. Annual percentage rate for Interest is 9%, while Insurance...
Calculate Payroll An employee earns $30 per hour and 1.5 times that rate for all hours...
Calculate Payroll An employee earns $30 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 54 hours during the week. Assume that the social security tax rate is 6.0%, the Medicare tax rate is 1.5%, and the employee's federal income tax withheld is $295.a. Determine the employee's gross pay for the week. b. Determine the employee's net pay for the week. Round your answer to two decimal places.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT