(A) Calculate the machine hour rate of a machine with the information given as follows:
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calculate the machine hour rate of a machine with the information given as follows 618458
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Total no. of weeks per quarter |
–13 |
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Total no. of hours per week |
– 48 |
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Stoppage due to maintenance |
– 8 hours p.m |
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Time taken for set-up |
– 2 hours per week |
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Cost details: |
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Cost of machine |
– Rs. 2,00,000 |
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Repairs & Maintenance |
– Rs. 24,000 p.a. |
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Consumable stores |
– Rs. 30,000 p.a |
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Rent, rates and taxes |
– Rs. 8,000 per quarter |
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Operators’ wages |
– Rs. 3,000 p.m |
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Supervisor’s salary |
– Rs. 5,000 p.m |
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Cost of power |
– 15 units per hour at Rs. 3 per unit. |
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