Calculate the MHR for Machine A from the following data:
|
Cost of machine |
Rs 1,600 |
|
Estimated scrap value |
Rs 100 |
|
Effective working life |
10,000 hours |
|
Running time per 4 weekly period |
160 hours |
|
Average cost of repairs and maintenance charges per four weekly period |
Rs 12.00 |
|
Standing charges allowed to Machine A per four weekly period |
Rs 4.00 |
|
Power used by machine |
4 units per hour at a cost of 0.35 paise per unit |