calculate mhr from the following data 559119

Calculate MHR from the following data.

Cost of machine

Rs 58,000

Estimated scrap value

Rs 3,000

Estimated working life

20,000 hours

Estimated cost of maintenance during working life of machine

Rs 12,000

Power used

Re 1 per hour

Rent & Rates per month (10% should be charged to this machine)

Rs 1,500

Normal machine running hours during a month

180 hours

Standing charges per month

Rs 200

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