the following annual charges are incurred in respect of a machine in a shop where ma 559100

The following annual charges are incurred in respect of a machine in a shop where manual labour is almost nil and work is done by means of five machines of exactly same type of specification:

(i) Rent and rates (proportional to the floor space) for the shop

Rs 6,000

(ii) Depreciation on each machine

Rs 1,000

(iii) Repairs and maintenance for the five machines

Rs 1,200

(iv) Power consumed (as per meter) at 5 paise per unit for the shop

Rs 3,000

(v) Electric charges for light in the shop

Rs 600

(vi) Attendants: There are two attendants for the five machines, and they are each paid Rs 80 per month.

(vii) Supervision: For the five machines in the shop, there is one supervisor whose emoluments are Rs 300 per month.

(viii) Sundry supplies for the shop is Rs 500.

(ix) Hire purchase instalments payable for the machine (including Rs 300 as interest) is Rs 1,200.

The machine uses 10 units of power per hour. Calculate the MHR for the machine for the year.

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