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 |