On the basis of the following data, compute the Machine Hour Rate in respect of Machine 'A for us
2011:
7
Cost of Machine
10.000
Estimated Scrap Value
2.000
Effective Working Life
5,000 Hours
Working Hours in June 2011
100 Hours
Repairs estimated over the effective working life
2.500
Standing Charges on the Machine for June 2011
100
Power used by the machine
10 units per hour @ 20 paise per un
* 5 10 ner hour
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Answer:
500 000000000000000000
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Cost of the machine is `20,000; Estimated scrap value is `2,000. ... (c) In a workshop the normal working hours is 8 hours for which `450 is ... (i) Calculate the Economic Ordering Quantity.
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