10 The following Expenses have been incurred in respect of a shop having pur identical machines. Rent & Rates Rs.6,000 per annum; Power consumed by the shop at 0.10 per unit of Rs.4,800 p.a.; Repairs Rs.1,000 p.a.; Lighting for the shop Rs.800 p.a. Shop supervisor's salary Rs.600 per month; Lubricant oil Rs.100 p.a.; Depreciation Per Machine Rs.600 p.a.; Hire Purchase installment for the Machine Including Rs.300 for interest) - Rs.800. There are two attenders in the shop each getting Rs.60 per month. Each Machine consumes 10 units of power per hour, Calculate the Machine Hour Rate.
10 The following Expenses have been incurred in respect of a shop having pur identical machines. Rent & Rates Rs.6,000 per annum; Power consumed by the shop at 0.10 per unit of Rs.4,800 p.a.; Repairs Rs.1,000 p.a.; Lighting for the shop Rs.800 p.a. Shop supervisor's salary Rs.600 per month; Lubricant oil Rs.100 p.a.; Depreciation Per Machine Rs.600 p.a.; Hire Purchase installment for the Machine Including Rs.300 for interest) - Rs.800. There are two attenders in the shop each getting Rs.60 per month. Each Machine consumes 10 units of power per hour, Calculate the Machine Hour Rate.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:10 The following Expenses have been incurred in respect of a shop having
four identical machines.
Rent & Rates Rs.6,000 per annum; Power consumed by the shop at 0.10
per unit of Rs.4,800 p.a.; Repairs Rs.1,000 p.a.; Lighting for the shop Rs.800 p.a.
Shop supervisor's salary Rs.600 per month; Lubricant oil Rs.100 p.a.;
Depreciation Per Machine Rs.600 p.a.; Hire Purchase installment for the Machine
(Including Rs.300 for interest) - Rs.800.
There are two attenders in the shop each getting Rs.60 per month. Each
Machine consumes 10 units of power per hour. Calculate the Machine Hour Rate.
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