formula directory logo

HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

Machine Hour Rate Method

The main feature of this machine is that the life of the machine is found out not in years but in the hours for which it will be used .

when depreciation of one hour is found out,it is multiplied by the number of hours of one year for which machine has been used and thus depreciation of one year is found out.

(o-s)/e

o=original cost of machine,s=estimated scrap value,e=estimated life of the machine in hour.

ENTER THE VARIABLES TO BE USED IN THE FORMULA