Quest. A factory operates 50 weeks a year. The Holi bonus is fixed and is equal...
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Quest. A factory operates 50 weeks a year. The Holi bonus is fixed and is equal to 10 week's pay. The number of working hours in a week is 48 hours. The foreman receives salary of 2 750 per week. There are 50 operators in the machine shop and 200 employees in the whole factory. The total power rating of electric motors driving machines. in the machine shop is 200 H.P. Compute machine hour state from the following details. (i). Repairs and upkeep of the tools cost = 8000 per year. (ii). The purchase price of the machine is 1,25,000. The working life of the machine is estimated to be 24,000 hours. Estimated scrap value is 25,000. (iii) The power rating of the motor driving machine is 5H.P. (iv) The power consumption of machine shop is I 6000 per month of 4 weeks. (v) Machine shop overheads, apart from the foreman's salary. are 5 61,000 per year.. (vi) The administrative overhead of the entire factory 1,00,000 per year. (vii) One operator two employees are warking on this machine. (vii) Faroman's salary and machine shop overhead shall be divided on the basis of operators. (ix) Administrative overhead shall be divided on the basis of total employees. (Power expenses shall be divided on the basis of H.P. Quest. A factory operates 50 weeks a year. The Holi bonus is fixed and is equal to 10 week's pay. The number of working hours in a week is 48 hours. The foreman receives salary of 2 750 per week. There are 50 operators in the machine shop and 200 employees in the whole factory. The total power rating of electric motors driving machines. in the machine shop is 200 H.P. Compute machine hour state from the following details. (i). Repairs and upkeep of the tools cost = 8000 per year. (ii). The purchase price of the machine is 1,25,000. The working life of the machine is estimated to be 24,000 hours. Estimated scrap value is 25,000. (iii) The power rating of the motor driving machine is 5H.P. (iv) The power consumption of machine shop is I 6000 per month of 4 weeks. (v) Machine shop overheads, apart from the foreman's salary. are 5 61,000 per year.. (vi) The administrative overhead of the entire factory 1,00,000 per year. (vii) One operator two employees are warking on this machine. (vii) Faroman's salary and machine shop overhead shall be divided on the basis of operators. (ix) Administrative overhead shall be divided on the basis of total employees. (Power expenses shall be divided on the basis of H.P.
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Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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