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Machine hour rate?

A machine hour rate is the cost of one machine working for one hour. This is used in calculating overhead costs to work in process as opposed to using labor hours.


How much does a milk mikmaid cost for an hour?

Milkmaids no longer exist. Cows are milked by a milk machine.


What has the author Spencer A Tucker written?

Spencer A. Tucker has written: 'Pricing for higher profit' -- subject(s): Pricing 'The complete machine-hour rate system for cost-estimating and pricing' -- subject(s): Cost accounting, Pricing 'Cost-estimating and pricing with machine-hour rates' -- subject(s): Cost accounting, Industrial Costs, Prices


How do you calculate cnc machining cost per hour?

The machine hour rate is calculated on the total investment made to run the machine. This includes the cost of accessories, tools , fixtures,inspection equipments etc. First the interest, installment for repayment of loan and depriciation is calculated and it is worked out to per working hour cost. After this variable cost is worked out that is direct and indirect labour cost, consumable cost, power,maintainance,space cost of machine and inventory, interest on appropriate working capital employed, etc. this again worked out to per working hour. Then general costs are applied such as overheads, general admn. cost, waste and scrap and profit. The work hours can be calculated and appropriate efficiency can be applied. N.B.Sawant


How do you use the high-low method in estimating cost function with machine hours as the cost driver you have data machine hours kilowatt hours and total overhead costs for january-june.?

you have to subtract the cost at the lowest activity from the cost the the highest activity then subtract the lowest activity from the highest activity and divide both answers you got. in that way you find the variable cost.


What is the Machine hour rate of 200 ton injection molding machine?

Machine hour rate of 200 ton machine is 200*1.125= ?


What is the difference between human hour and machine hour?

Human hour refers to the amount of time a human works or is productive in a given hour, while machine hour refers to the amount of time a machine operates within the hour. Human hours are measured based on human labor and productivity, while machine hours are based on machine operation and efficiency.


How do you calculate machine cost per hour?

You Divide Shays porno profit by the size of his dick = £2 Divided by 1 Inch.


What is the contribution margin per machine hour for Bales?

Contribution margin for per machine hour is as follows:total contribution margin / number of machine hours = contribution margin per hour


What are the disadvantages of machine hour rate?

hour rate


Is depreciation a direct or indirect cost?

Depreciation can be either a direct cost or an indirect cost, or it can be both direct and indirect.Let's illustrate this with the depreciation of a machine used in Department 23 of a manufacturer. The depreciation on that machine is a direct cost for Department 23. It is direct because it is traceable to Department 23 without any allocation.The depreciation of this same machine will be an indirect cost of the products manufactured with that machine. It is indirect because the depreciation is allocated to the products. Perhaps the machine in Department 23 has depreciation of $50,000 per year (cost of machine of $500,000 divided by 10 years of useful life). The $50,000 of annual depreciation is then assigned or allocated to products based on the number of hours that products use the machine. For example, if the manufacture expects 20,000 machine hours of use in the current year, then it assigns or allocates $2.50 ($50,000/20,000) per machine hour to each product using the machine. If Product #189 requires one hour of this machine's time, Product #189 will have $2.50 as part of its indirect costs. Indirect manufacturing costs are also referred to as manufacturing overhead, factory overhead, or burden.


What is the contribution per machine hour formula?

The contribution per machine hour is the contribution per unit divided by the number of machine hours per unit.