Items

Parameter

Amount

Tk

US$

Fixed cost items

Purchase price of weeder (P),

1500

17.65

Salvage value(S), (10% of P)

150

1.76

Working life (L), yr

5

-

Average working hours per year

480

-

Variable cost items

Labour (Tk or US$/hr)

50

0.59

Repair and maintenance (Tk or US$/yr)

0

-

Field capacity (ha/hr)

0.0203

-

Calculations

Fixed costs

Annual depreciation, D = (P − S)/L Tk or US$/yr

270

3.18

Interest on investment, I = (P + S)/2 * I, where the rate of interest is 12%

99

1.16

Total fixed cost

(Tk or US$/yr)

369

4.34

Total fixed cost

(Tk or US$/hr)

0.77

9.06 × 10−3

Total fixed cost

(Tk or US$/ha)

36.61

0.43

Variable cost

Labour (Tk/hr)

50

0.59

Repair and maintenance (Tk/hr)

0

-

Total variable cost

(Tk or US$/hr)

50

0.59

Total variable cost

(Tk or US$/ha)

2380.95

28.01

Operating cost

(Tk or US$/hr)

50.77

0.597

Operating cost

(Tk or US$/ha)

2431.72

28.61