Practice Repair Cost Calculation - 3.4 | 13. Estimating Equipment Cost Using Two Methods | Construction Engineering & Management - Vol 1
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3.4 - Repair Cost Calculation

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What are ownership and operating costs?

💡 Hint: Think about the difference between purchasing and operating expenses.

Question 2

Easy

Define depreciation.

💡 Hint: Consider how the value of a car drops as it ages.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What are the two main cost categories in repair cost calculation?

  • A) Ownership and Operating
  • B) Material and Labor
  • C) Fixed and Variable

💡 Hint: Consider the nature of expenses.

Question 2

True or False: Salvage value is always considered in depreciation calculations.

  • True
  • False

💡 Hint: Think about different calculation methods.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

If a machine has an initial cost of ₹4 crores and a salvage value of 10% with a useful life of 15 years, what is the annual depreciation?

💡 Hint: Start by calculating the actual depreciable cost.

Question 2

Given the operating cost includes fuel, wage, and maintenance amount to ₹8,000 per hour. If the truck operates for 1,800 hours a year, what's the total operating cost?

💡 Hint: Break it down to simple multiplication to find the total.

Challenge and get performance evaluation