Question

6. In a factory there are 5 machines, you are required to calculate Machine Hour rate from the following data. Space of the Departments Cost of machine Space occupied by each machine Power consumed as indicated by meter is Depreciation Estimated life 10 years (working hours 2,000 p.a.) 8,000 sq. ft. ? 20,000 1,600 sq. ft. ? 3,000 p.a. for this machine. \( 71 / 2 \% \) p.a. itute of Cost Accountants of India 229 counting Estimated Repairs p.a. for this machine ? 520 Rent and Rates ? 9,000 p.a. Lighting \( ? 750 \) for all machines p.a. Supervision ? 1,500 p.a. Other charges ? 4,000 p.a. of the supervision is for this machine. There are three mechanics drawing ? 50 , ? 60 , ? 70 p.m. respectively.

          6. In a factory there are 5 machines, you are required to calculate Machine Hour rate from the following data.

Space of the Departments
Cost of machine
Space occupied by each machine
Power consumed as indicated by meter is
Depreciation
Estimated life 10 years (working hours 2,000 p.a.)

8,000 sq. ft.
? 20,000
1,600 sq. ft.
? 3,000 p.a. for this machine.
\( 71 / 2 \% \) p.a.
itute of Cost Accountants of India
229
counting
Estimated Repairs p.a. for this machine
? 520

Rent and Rates
? 9,000 p.a.
Lighting
\( ? 750 \) for all machines p.a.
Supervision
? 1,500 p.a.
Other charges
? 4,000 p.a.
of the supervision is for this machine. There are three mechanics drawing ? 50 , ? 60 , ? 70 p.m. respectively.

6. In a factory there are 5 machines, you are required to calculate Machine Hour rate from the following data.

Space of the Departments
Cost of machine
Space occupied by each machine
Power consumed as indicated by meter is
Depreciation
Estimated life 10 years (working hours 2,000 p.a.)

8,000 sq. ft.
? 20,000
1,600 sq. ft.
? 3,000 p.a. for this machine.
71 / 2 % p.a.
itute of Cost Accountants of India
229
counting
Estimated Repairs p.a. for this machine
? 520

Rent and Rates
? 9,000 p.a.
Lighting
? 750 for all machines p.a.
Supervision
? 1,500 p.a.
Other charges
? 4,000 p.a.
of the supervision is for this machine. There are three mechanics drawing ? 50 , ? 60 , ? 70 p.m. respectively.

Added by Barbara B.

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