from the following particulars compute the machine hour rate 618449
From the following particulars, compute the machine hour rate:
|
Cost of the machine |
11,000 |
|
Strap value |
680 |
|
Repairs for the effective working life |
1,500 |
|
Standing charges for 4-weekly period |
40 |
|
Effective working life |
10,000 hours |
|
Power used: 6 units per hour at paise per unit |
5 |
|
Hours worked in 4-weekly period hours |
120 |