The useful life of a machine is 6 years with 1,800 hours of operation annually. The estimated annual ownership and operating cost is $72,450.
What is the hourly ownership and operation costs?
If the production rate of the machine is to excavate 30yd^3 per hour, the is it cost is what?
If the machine has to excavate 2,000yd^3 of dirt, what is the total cost of this operation?