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

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


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 do you calculate hobbing machine hour rate used in gear manufacturing?

how to calculate machine hourly rate


What are the disadvantages in machine hour rate?

The machine hour rate can have several disadvantages, including the potential for inaccurate cost allocation if machine utilization varies significantly. It may not account for other overhead costs, such as labor or maintenance, leading to misleading profit margins. Additionally, businesses with varying production levels may find it challenging to set a consistent rate, complicating budgeting and pricing strategies. Lastly, it can incentivize overuse of machines, potentially leading to increased wear and tear or reduced quality if not monitored properly.


What are the advantages and disadvantages of machine hour rate?

The machine hour rate is advantageous because it provides a clear and straightforward method for allocating manufacturing overhead costs based on actual machine usage, allowing for better cost control and pricing strategies. However, its disadvantages include potential inaccuracies if machines are not consistently used or if overhead costs fluctuate significantly, leading to distorted cost assessments. Additionally, it may overlook other important factors like labor costs and operational inefficiencies. Thus, while useful, it should be applied alongside other costing methods for a comprehensive view.


Advantages Disadvantages of using a shaper machine?

what are advantages and disadvantages of shapper machine


If one machine can complete a truckload in 2 hours and the second machine can complete a truckload in 4 hours how long would it take to complete a truckload if both machines worked on it together?

Machine # 1 works at a rate of 1/2 truckload per hour, while machine 2 works at a rate of 1/4 truckload per hour. The two machines together work at a rate of 3/4 truckload per hour complete the job 1/(3/4) = 1-1/3 hours.


Advantages and disadvantages of vending machine?

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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.


What are the disadvantages of using a shaper machine?

The disadvantages of using a shaper machine are s many. There are higher chances of injury that may cut deep into the skin.


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


How do you arrive at Machine Hour rate and what can be the assumptions while calculating MHR?

There are many pparameters taken into accont for getting machine hr rate like: Direct labour cost indirect labour cost machine cst(intial) depreciation tool, lubrication, coolant, ...etc and most importantly total m/c hr available