Q1. What is MHr ? And how costing is done ?

Question

Accepted Answer

MHr stands for Man-Hour. Costing is done by calculating the total number of man-hours required for a task and multiplying it by the cost per hour.

MHr stands for Man-Hour, which is a unit of measurement for the amount of work performed by an individual in one hour.
Costing is done by determining the total number of man-hours required for a specific task or project.
The cost per hour is then multiplied by the total number of man-hours to calculate the total cost.
For example, if a task requires 10 man-hours and the cost per hour is $20, the total cost would be $200.

Accepted Answer

Machine hour rate (MHR) is the cost of running a machine for one hour. It's calculated by dividing the total overhead costs of a machine by the total number of hours it's effectively used in a given period. MHR is used to absorb factory overhead costs into production.

Accepted Answer

Management and Human Resources:

Accepted Answer

A machine hour rate is the hourly cost in terms of factory overheads to operate a particular machine.

Accepted Answer

A machine hour rate is the hourly cost in terms of factory overheads to operate a particular machine.

Accepted Answer

Machine hours rate

Accepted Answer

MHr is Machine Hour Rate

costing depend Material 65% to above

Accepted Answer

MHR is maximum heart rate

Coasting done 60% to 75%

Q1. What is MHr ? And how costing is done ?

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