Cost accounting


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 November 2013 PLS SOLVE THIS
COMPUTE MACHINE HOUR RATE..FOR JANUARY
COST OF MACHINE- 12000
ESTIMATED SCRAP VALUE-2000
EFFECTIVE WORKING LIFE 5000HR
HOURS WORKED IN JANUARY -100
ESTIMATE COST OF REPAIR & MAINTANCE OVER THE LIFE OF MACHINE - 2500
FIXED EXPENSES ALLOCATED TO MACHINE FOR JANUARY IS - 100
POWER USED BY THE MACHINE 20UNITS PER HOUR AT A COST OF 10 PAISA PER UNIT...
PLS SOLVE IT
ANS IS 5.50

10 November 2013 Cost of machine less scrap value: Rs 10000
Cost of repaid: Rs 2500

Divide the above by 5000 hours, you get Rs 2.5 per hour.

Then Cost of electricity per hour is 20 Units * 10 paisa : Rs 2

Then fixed expense for Jan : Rs 100, divide the same by total hours worked in January (100), Rs 1

2.5+2+1 = 5.5

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 November 2013 THANKS
FOR QUERY


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
06 August 2026
Sr accounts executive, Asst Manager

JAMNA AUTO INDUSTRIES LTD

Jamshedpur

CA Inter

View Details