Calculate the MHR from the following particulars of machine no. 33.
|
Cost of machine |
Rs 10,000 |
|
Estimated scrap value |
Rs 250 |
|
Estimated working life |
15,000 hours |
|
Working hours per year |
2,000 hours |
|
Cost of repairs per year |
Rs 1,500 |
|
Wages of operator per month |
Rs 150 |
|
Chemical per month |
Rs 100 |
|
Overheads chargeable to this machine per month |
Rs 200 |
|
Power per hour |
20 units at 7 paise per unit |
|
No. of operators looking after four machines |
2 persons |
Note: The MHR is a comprehensive MHR since operator’s wages are included.