The following are the information of production department: ➢ Cost of machine Rs 300,000 with Rs 30,000 residual value at end of 5 years. ➢ Annual…

The following are the information of production department:
➢ Cost of machine Rs 300,000 with Rs 30,000 residual value at end of 5 years.
➢ Annual working hours of machine 6,000 hours.
➢ Setting up time = 10% of total machine hours.
➢ Repair and maintenance and lubricating Rs 2 per machine hours
➢ Annual lighting expenses Rs 18,000
➢ Machine attendance annual salary Rs 48,000
➢ Power consumption Rs 3 per 30 minutes working
Required: Overhead rate per machine hour