Calculate the Machine Hour Rate from the following:
Cost of Machine Re. 11,000, Scrap value Rs. 680
Repar for the effective working life Rs. 1,500,
Standard charges for 4 weekly period Rs. 1,600,
hours
BCIN
working life 10,000
power
6 unit- per hour « 5 paise per unit. Hours worked in 4 weekly
period 120 hours
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