Question:
Calculate MHR from the following data.
Cost of machine
|
Rs 58,000
|
Estimated scrap value
|
Rs 3,000
|
Estimated working life
|
20,000 hours
|
Estimated cost of maintenance during working life of machine
|
Rs 12,000
|
Power used
|
Re 1 per hour
|
Rent & Rates per month (10% should be charged to this machine)
|
Rs 1,500
|
Normal machine running hours during a month
|
180 hours
|
Standing charges per month
|
Rs 200
|