Calculate from the following data the MHR for Machine A.
|
Cost of machine |
Rs 1,050 |
|
Estimated scrap value |
Rs 50 |
|
Effective working life |
20,000 hours |
|
Running time in 4 weekly periods |
150 hours |
|
Weekly amount payable under maintenance agreement covering all repairs |
Rs 7.50 |
|
Standing charges allocated to machine per 4 weekly periods |
Rs 6.00 |
|
Power used by machine |
5 units per hour at 6 paise per unit |