I need perfect answer otherwise I will give downvotes 9. Compute the machine hour rate from the following data.Cost of the machine – 1,00,000; Installation Charge – 10,000; Estimatedscrap value (after its life of 15 years) – 5,000; Rent for the shop per month - 2003;Lighting-for the shop per month – 300; Insurance premium for the machines perannum – 960; Repairs per annum – 1,000; Power.consumption 10 units per hour;Rate of power per 100 units Rs.20; Estimated working hours per annum - 2,000hours; Shop supervisor's salary per month Rs.600; The Machine occupies 1/4th ofthe total area of the shop. The supervisor devotes 1/5th of his time for supervisingthe Machine.-

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9. Compute the machine hour rate from the following data. Cost of the machine – 1,00,000; Installation Charge – 10,000; Estimated crap value (after its life of 15 years) - 5,000; Rent for the shop per month – 200; Lighting-for the shop per month – 300; Insurance premium for the machines per unnum – 960; Repairs per annum – 1,000; Power.consumption 10 units per hour; Rate of power per 100 units Rs.20; Estimated working hours per annum - 2,000 ours; Shop supervisor's salary per month Rs.600; The Machine occupies 1/4th of ne total area of the shop. The supervisor devotes 1/5th of his time for supervising - ne Machine

9. Compute the machine hour rate from the following data. Cost of the machine – 1,00,000; Installation Charge – 10,000; Estimated crap value (after its life of 15 years) - 5,000; Rent for the shop per month – 200; Lighting-for the shop per month – 300; Insurance premium for the machines per unnum – 960; Repairs per annum – 1,000; Power.consumption 10 units per hour; Rate of power per 100 units Rs.20; Estimated working hours per annum - 2,000 ours; Shop supervisor's salary per month Rs.600; The Machine occupies 1/4th of ne total area of the shop. The supervisor devotes 1/5th of his time for supervising - ne Machine

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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