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How do you calculate machine hour rate? Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the number of hours the machine is estimated to work during that period. Additional Questions How do you calculate injection time? How do you calculate shot size? If it is a hot runner, shot size can be calculated by multiplying no of cavities with the weight …
How do you calculate machine hour rate? The machine hour rate is calculated by dividing the total amount of factory overheads incurred in running a machine during a particular period by the total number of working hours of that machine during that period.
The formula used in computing the rate is: ADVERTISEMENTS: Factory overhead/Machine hours. If factory overhead is Rs 3, 00,000 and total machine hours are 1,500, the machine hour rate is Rs 200 per machine hour (Rs 3, 00,000 ÷ 1500 hours).
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