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Depreciation Repairs Power Machine hour rate Look at IlIustration 3 to 6 and study how MIIR is computect Illustration 3 Compute the machine hour rate
Depreciation Repairs Power Machine hour rate Look at IlIustration 3 to 6 and study how MIIR is computect Illustration 3 Compute the machine hour rate from the following data: Cost of machine 1,00,000 Installation charges 10,000 Scrap value after 15 years 5,000 Rent of the shop per month General lighting for the shop per month Insurance for the machine p.a. Repairs p.a. 1,000 Power 10 units per hour Rate of power per 100 units Shop supervisor salary p.m. 1,000 Estimated working hours p.a. are The machine occupies one-fourth of total area of the shop. Supervisor devotes one-third of his time for this machine
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