Calculate the MHR from the following.
|
Cost of the machine |
Rs 80,000 |
|
Cost of installation |
Rs 20,000 |
|
Scrap value after 10 years |
Rs 20,000 |
|
Rent and rates per quarter for the shop |
Rs 3,000 |
|
General lighting (per month) |
Rs 200 |
|
Shop supervision per quarter |
Rs 6,000 |
|
Insurance premium per annum |
Rs 600 |
|
Estimated repairs per annum |
Rs 1,000 |
|
Power |
2 units per hour at Rs 50 per 100 units |
|
Estimated working hours per annum |
2,000 hours |
The machine occupies one fourth of the total area of the shop. The supervisor spend one sixth of his time for supervising this machine. General lighting is to be apportioned on the basis of floor area.