You are given the following data : Cost of machine ₹8,40,000 Estimated scrap value ₹40,000 Effective working hours 40,000 Hours worked during 4 weeks 300 Weekly repairs payment ₹500 Standing charges for 4 weekly period :
CS Executive · Cost and Management Accounting · PYQS · December 2020
You are given the following data : Cost of machine ₹8,40,000 Estimated scrap value ₹40,000 Effective working hours 40,000 Hours worked during 4 weeks 300 Weekly repairs payment ₹500 Standing charges for 4 weekly period : ₹4,000 Power consumed by machine : 10 units per hour @ ₹1.50 per unit Machine hour rate will be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Machine Hour Rate
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