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Business, 21.11.2019 06:31 villatoroo84502

Adozer cost $300,000 to purchase, and the machine useful life is 10 years and 10,000 operating hours. the salvage value of the equipment at the end of 10 years is 20% of the purchase price. the maintenance cost for the equipment is $30 per operating hour. a major engine repair is expected in 5 years for $30,000. if the company cost of capital rate is 10%, how much should the owner of the machine charge per hour of use if the machine is expected to operate 1,000 hours per year?

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Adozer cost $300,000 to purchase, and the machine useful life is 10 years and 10,000 operating hours...

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