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2 cards from this section. Quick, good the night before a test.
How is depreciation calculated using the straight-line method?
Think about the formula involving initial cost and salvage.
What does FOG stand for?
Remember the consumables category affecting operating costs.
What is the primary method used to calculate depreciation in equipment cost estimation?
Consider methodologies for asset depreciation.
True or False: FOG refers to the costs associated with Filters, Oil, and Grease.
Concentrate on consumables affecting operational efficiency.
An excavator costs $120,000 and has an expected salvage value of $15,000 with a lifespan of 10,000 hours. Calculate the hourly depreciation, considering both the Caterpillar and Peurifoy methods.
Apply the depreciation formula properly for both methods.
You are tasked to estimate the operating costs for a construction project involving various load conditions for equipment. Analyze how each condition (high, medium, low) affects fuel consumption and provide a comparative analysis.
Focus on the relationship between load and fuel consumption patterns.
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