Compute the MHR from the following. Cost of the machine Rs 2,00,000 Installation charges Rs 20,000 Estimated
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Compute the MHR from the following.
Cost of the machine Rs 2,00,000 Installation charges Rs 20,000 Estimated scrap value after expiry of its life of 15 years Rs 10,000 Rent for the shop Rs 400 per month General lighting for the shop Rs 600 per month Insurance premium for the machine Rs 1,920 per annum Repairs expenses Rs 2,000 per annum Power 10 units per hour Rate of power per 100 units Rs 40 Estimated working hours 2,000 per annum Shop supervisor’s salary Rs 1,200 per month The machine occupies one-fourth of the area of the shop.
The supervisor spend one-third of his time for this machine.
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