calculate the mhr from the following particulars of machine no 33 559097

Calculate the MHR from the following particulars of machine no. 33.

Cost of machine

Rs 10,000

Estimated scrap value

Rs 250

Estimated working life

15,000 hours

Working hours per year

2,000 hours

Cost of repairs per year

Rs 1,500

Wages of operator per month

Rs 150

Chemical per month

Rs 100

Overheads chargeable to this machine per month

Rs 200

Power per hour

20 units at 7 paise per unit

No. of operators looking after four machines

2 persons

Note: The MHR is a comprehensive MHR since operator’s wages are included.

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