Compute the MHR from the following.
|
Cost of the machine |
Rs 2,00,000 |
|
Installation charges |
Rs 20,000 |
|
Estimated scrap value after expiry of its life of 15 years |
Rs 10,000 |
|
Rent for the shop |
Rs 400 per month |
|
General lighting for the shop |
Rs 600 per month |
|
Insurance premium for the machine |
Rs 1,920 per annum |
|
Repairs expenses |
Rs 2,000 per annum |
|
Power 10 units per hour |
|
|
Rate of power per 100 units |
Rs 40 |
|
Estimated working hours |
2,000 per annum |
|
Shop supervisor’s salary |
Rs 1,200 per month |
The machine occupies one fourth of the area of the shop.
The supervisor spend one third of his time for this machine.