From the following particulars, compute the machine hour rate
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Rs. Don't use plagiarized sources. Get Your Custom Essay on
the supervisor is expected to devoteof the time to this machine general lighting cha 618454
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Cost of the machine |
30,000 |
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Estimated scrap value after the expiry of its life of 5 years |
3,000 |
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Rent and rates of the department |
2,000 |
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General lighting of the department p.m. |
200 |
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Salary of the supervisor p.m. |
1,500 |
Power consumption is 5 units at the rate of 60 paise per unit. Estimated working hours of the machine per year is 2,000. The machine occupiesth of the total area of the department. The supervisor is expected to devoteof the time to this machine. General lighting charges are to be apportioned on the basis of floor area. Rent and rate charges are for three months.
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