Calculate the MHR from the following:
|
(1) Cost of the machine |
Rs 19,200 |
|
(2) Estimated scrap value |
Rs 1,200 |
|
(3) Average repairs and maintenance |
Rs 150 p.m. |
|
(4) Standing charges allocated |
Rs 50 p.m. |
|
(5) Effective working life of the machine |
10,000 hours |
|
(6) Running time per month |
166 hours |
|
(7) Power used by the machine; 5 units per hour at 20 paise per unit |