EP 1110-1-8
(Vol. 12)
31 July 03
2. EQUIPMENT VALUE
a. List Price + Accessories: [at Year of Manufacture]
=$
1,197,389.00
(List Price + Accessories) x (Discount Code)
(1)
Discount:
[1.c.(3)]
+ $0.00
) x (0.075
) =-($
($1,197,389.00
89,804.00
(2)
Subtotal [2.a.] [2.a.(1)]
Subtotal=$
1,107,585.00
Sales or Import Tax: (Subtotal) x (Tax Rate)
(3)
[2.a.(2)]
[Appendix B]
($1,107,585.00
) x (4.00%
)
=+$
44,303.00
(4)
Total Discounted Price: Subtotal: [2.a.(2)] + [2.a.(3)]
Subtotal=$
1,151,888.00
(Shipping Weight) x (Freight Rate per cwt)
b. Freight:
[1.a.(8)]
[Appendix B]
(1913
cwt) x ($10.58
/cwt)
=+$
20,240.00
c. TOTAL EQUIPOMENT VALUE (TEV):
TOTAL[2.]:=$
1,172,128.00
[(2.a.(4)] + [(2.b)]
(See chapter 3 for used and overage equipment rate adjustments.)
3. DEPRECIATION PERIOD (N)
(LIFE hours (hr)) / (Working Hours Per Year (WHPY)) = N
a.
[1.c.(4)]
[Appendix B]
(20,000
hr) / (1,390
hr/yr)
=
14.39
4. OWNERSHIP COST
a.
Depreciation
(1)
Tire Cost Index (TCI):
(Tire Index, Yr of Mfg) / (Tire Index, Based on 1.a.(3))
=
Tire Cost Index (TCI)
[Appendix E, EK=100]
[Appendix E, EK=100]
(2,373
) / (2,515
)
=
0.944 (TCI)
[(TEV)
x [1.0 - ( SLV )] - [ ( TCI ) x (Tire Cost)]] / ( LIFE )
(2)
[2.c.]
[1.c.(5)]
[4.a.(1)]
[1.a.(9)(d)]
[1.c.(4)]
[($1,172,128.00
) x [1.0 (0.20
)] [(0.944
) x ($10,560.00
)]] / (20,000
hr)
46.39 /hr
=$
Figure 2-1. Equipment Rate Computation Worksheet
Page 2 of 6
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