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Standard XII

Economics

Trends in Poverty

Machine hour ...

Question

Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the ____________.

Number of hours

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Number of products produced

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Number of workers

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Wages

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Solution

The correct option is D Number of hours
Machine hour rate is calculated to know the running cost per hour of the machine. This can be obtained by total running expenses of the machine by number of hours machine were operated.

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Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the ____________.

The correct option is D Number of hoursMachine hour rate is calculated to know the running cost per hour of the machine. This can be obtained by total running expenses of the machine by number of hours machine were operated.

The correct option is D Number of hours
Machine hour rate is calculated to know the running cost per hour of the machine. This can be obtained by total running expenses of the machine by number of hours machine were operated.