Following expenses incurred annually in respect of a factory having 8 machines of similar nature.

1. Lighting of the factoryRs 800

2. SupervisionRs 900

3. RepairsRs 2400

4.Rent and ratesRs 4000

5.Attendants: Two persons looking after machine paid Rs 60 per month each

6. Interest paid on loanRs 2000

7. Power consumed for the shop at 10 paise per unitRs 9600

8. Depreciation per machine Rs 300

9. Sundry supplies for the factory Rs 240

10. Each machine consumes 10 units of power in an hour.

Calculate machine hour rate if a machine runs for 1200 hours in a year.