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formula for down hours on mining equipment

formula for down hours on mining equipment

Factory overhead/Machinehours. If factory overhead is Rs 3, 00,000 and total machinehoursare 1,500, the machine hour rate is Rs 200 per machine hour (Rs 3, 00,000 ÷ 1500hours). Advantages: This method can be used advantageously where the machine is the major factor in production.

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