HOURLY RATE CALCULATOR

Here are the 8 main questions you need to answer to calculate the hourly cost of running the concrete pump, including all relevant factors:

1. Fuel Consumption
- How many liters of fuel does the concrete pump use per hour?

2. Fuel Cost
- What is the cost of fuel per liter?

3. Labor Costs
- What is the hourly wage for the operator?
- What is the hourly wage for any additional crew members (e.g., line hand/helper)?

4. Maintenance Costs
- What are the monthly maintenance costs for the concrete pump?

5. Depreciation
- What was the initial cost of the concrete pump?
- What is the estimated salvage value at the end of its life?
- How many total hours do you expect the pump to operate over its lifetime?

6. Insurance Costs
- What is the annual insurance cost for the concrete pump?

7. Operating Hours
- How many hours does the concrete pump operate per week?

8. Finance Repayments (if applicable):
- What are the weekly finance repayments for the concrete pump?