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.-

The solution of this problem is in below

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

See similar textbooks

Similar questions

The maintenance of a room air conditioner is expected to be P 200,000 at the end ofthe first year and is expected to increase P 10,000 each year for the following 7 years. Assuming rate of interest at 8%, compute: A) The sum of money to be set aside now for the future maintenance of the roomB) The equivalent uniform annual maintenance cost
Consider a machine that initially cost $6,000 and has these estimated annual expenses and market value: End of year Annual expenses, $ 2,000 2,000 2,000 3,000 3,000 Market value at end of Year, $ 5,200 4,200 1 2 3 3,200 2,200 1,200 4 5 If the MARR is 9% per year, determine its economic service life (Suppose an Economic Service Life occurs in the fourth or fifth year. Show Cash Flow Diagram for those years).
A library shelving system has a first cost of $21,000 and a useful life of 15 years. The annual maintenance is expected to be $2,200. The annual benefits to the library staff are expected to be $9,100. If the effective annual interest rate is 9.5%, what is the benefit-cost ratio of the shelving system? O 2.03 1.86 O 1.81 O 2.54
The Highway Department expects the cost of maintenance for a piece of heavy construction equipment to be $5000 in year 1, to be $5500 in year 2, and to increase annually by $500 through year 10. At an interest rate of 10% per year, determine the present worth (in $, roundoff to 2 decimal places) of the maintenance costs.
A new gizmo costs $10 000. Maintenance costs $2000 per year and labour savings are $6567 per year. What is the gizmo's payback period?
A computer purchased for $1200 will have a salvage value of $600 after 6 years. Annual maintenance charges are estimated to be $100. At an interest rate of ?10%, what is the equivalent uniform annual cost (EUAC)
A machine's useful life is 10 years. What is the EUAC for this mactinesm maintenance cost of $50,000 scheduled in 7th year? Cosideri 12%
Maintenance costs on a piece of equipment begin at $1000 in period 1 and increase by $250 each year over its 5-year life. If the interest rate is 8%, how much money should be put aside now to pay these maintenance costs?
Annual maintenance costs for a machine are ₱ 1,500 this year and are estimated to increase 10% each year every year. What is the present worth of the maintenance cost for six years ifa. i = 8% b. i = 10%
A new machine costs $10 000. Maintenance costs $2000 per year and labour savings are $6567 per year. What is the gizmo's payback period?
Let the initial cost of a certain device be $5000 and the operating cost in each year be $1000 (assume the payment is made at the end of the year). The salvage value at the end of 5 years is zero. For i 10% annualize the costs over the 5- year period.
We have the following data for a power plant: 1 MW CENTRAL ECONOMIC BALANCE Power: 1 Mwa Maintenance cost: 3% per year Initial cost of operation: 5% per year Regulated Rate: $0.015/kWh (20 years) Project cost = $750,000.00 Plant factor= 60% Energy: 5256000 KWh Income from regulated tariff: 78840 Annual revenue increase: 6% Initial maintenance cost/year of annual maintenance (2% installation): $ 22,500.00 Annual maintenance increase: 5% Initial cost of operation/year (1% Installation) $ 37,500.00 Annual operation increase: 3% It is assumed that in year 10, an equipment update will be carried out whose cost will be 25% of the value of the investment = $187,500.00 SOLVE: In what year will the investment be recovered?