Depreciation Rate of Machine Tool given Machining and Operating Rate Calculator

✖Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.ⓘ Machining and Operating Rate [M]			+10% -10%
✖Wage Rate is defined as the worker's/operator's rate of pay.ⓘ Wage Rate [W_o]			+10% -10%
✖Operator's Overhead Percentage is the percentage of his wage Rate spent indirectly on him, regardless of any revenue generated.ⓘ Operator's Overhead Percentage [%_opt]			+10% -10%
✖Machine Overhead Percentage is the percentage of Capital spent on it, regardless of any work it performs.ⓘ Machine Overhead Percentage [%_mach]			+10% -10%

✖Depreciation Rate is the rate at which the machine is depreciated across the estimated productive life of the machine.ⓘ Depreciation Rate of Machine Tool given Machining and Operating Rate [M_t]

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Depreciation Rate of Machine Tool given Machining and Operating Rate Solution

STEP 0: Pre-Calculation Summary

Formula Used

Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage)
M_t = (M-(W_o*(100+%_opt)/100))*100/(100+%_mach)
This formula uses 5 Variables

Variables Used

Depreciation Rate - Depreciation Rate is the rate at which the machine is depreciated across the estimated productive life of the machine.
Machining and Operating Rate - Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads.
Wage Rate - Wage Rate is defined as the worker's/operator's rate of pay.
Operator's Overhead Percentage - Operator's Overhead Percentage is the percentage of his wage Rate spent indirectly on him, regardless of any revenue generated.
Machine Overhead Percentage - Machine Overhead Percentage is the percentage of Capital spent on it, regardless of any work it performs.

STEP 1: Convert Input(s) to Base Unit

Machining and Operating Rate: 100 --> No Conversion Required
Wage Rate: 83.1875 --> No Conversion Required
Operator's Overhead Percentage: 20 --> No Conversion Required
Machine Overhead Percentage: 75 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

M_t = (M-(W_o*(100+%_opt)/100))*100/(100+%_mach) --> (100-(83.1875*(100+20)/100))*100/(100+75)

Evaluating ... ...

M_t = 0.0999999999999984

STEP 3: Convert Result to Output's Unit

0.0999999999999984 --> No Conversion Required

FINAL ANSWER

0.0999999999999984 ≈ 0.1 <-- Depreciation Rate

(Calculation completed in 00.004 seconds)

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Created by Kumar Siddhant

Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur

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National Institute of Technology (NIT), Srinagar

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< Depreciation Rate Calculators

Depreciation Rate of Machine Tool given Machining and Operating Rate

LaTeX Go Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage)

Working Hours per year given Depreciation Rate

LaTeX Go Number of Working Hours Per Year = Initial Cost of The Machine/(Amortization Period*Depreciation Rate)

Amortization given Depreciation Rate

LaTeX Go Amortization Period = Initial Cost of The Machine/(Number of Working Hours Per Year*Depreciation Rate)

Depreciation Rate of Machine Tool

LaTeX Go Depreciation Rate = Initial Cost of The Machine/(Number of Working Hours Per Year*Amortization Period)

Depreciation Rate of Machine Tool given Machining and Operating Rate Formula

LaTeX Go

Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage)
M_t = (M-(W_o*(100+%_opt)/100))*100/(100+%_mach)

Machine Overhead Cost

Machine Overhead Cost refers to capital spent on the machines by the firm apart from their buying costs, which indirectly attribute to creating a product or service. These often include the capital spent on maintenance, storage, electricity, etc.

How to Calculate Depreciation Rate of Machine Tool given Machining and Operating Rate?

Depreciation Rate of Machine Tool given Machining and Operating Rate calculator uses Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage) to calculate the Depreciation Rate, The Depreciation Rate of Machine Tool given Machining and Operating Rate is a method to determine the maximum rate at which the machine can be depreciated across the life of the machine when the expense on Machining and Operating is limited. Depreciation Rate is denoted by M_t symbol.

How to calculate Depreciation Rate of Machine Tool given Machining and Operating Rate using this online calculator? To use this online calculator for Depreciation Rate of Machine Tool given Machining and Operating Rate, enter Machining and Operating Rate (M), Wage Rate (W_o), Operator's Overhead Percentage (%_opt) & Machine Overhead Percentage (%_mach) and hit the calculate button. Here is how the Depreciation Rate of Machine Tool given Machining and Operating Rate calculation can be explained with given input values -> 9.142857 = (100-(83.1875*(100+20)/100))*100/(100+75).

FAQ

What is Depreciation Rate of Machine Tool given Machining and Operating Rate?

The Depreciation Rate of Machine Tool given Machining and Operating Rate is a method to determine the maximum rate at which the machine can be depreciated across the life of the machine when the expense on Machining and Operating is limited and is represented as M_t = (M-(W_o*(100+%_opt)/100))*100/(100+%_mach) or Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage). Machining and Operating Rate is the money charged for processing on and operating machines per unit time, including overheads, Wage Rate is defined as the worker's/operator's rate of pay, Operator's Overhead Percentage is the percentage of his wage Rate spent indirectly on him, regardless of any revenue generated & Machine Overhead Percentage is the percentage of Capital spent on it, regardless of any work it performs.

How to calculate Depreciation Rate of Machine Tool given Machining and Operating Rate?

The Depreciation Rate of Machine Tool given Machining and Operating Rate is a method to determine the maximum rate at which the machine can be depreciated across the life of the machine when the expense on Machining and Operating is limited is calculated using Depreciation Rate = (Machining and Operating Rate-(Wage Rate*(100+Operator's Overhead Percentage)/100))*100/(100+Machine Overhead Percentage). To calculate Depreciation Rate of Machine Tool given Machining and Operating Rate, you need Machining and Operating Rate (M), Wage Rate (W_o), Operator's Overhead Percentage (%_opt) & Machine Overhead Percentage (%_mach). With our tool, you need to enter the respective value for Machining and Operating Rate, Wage Rate, Operator's Overhead Percentage & Machine Overhead Percentage and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

How many ways are there to calculate Depreciation Rate?

In this formula, Depreciation Rate uses Machining and Operating Rate, Wage Rate, Operator's Overhead Percentage & Machine Overhead Percentage. We can use 1 other way(s) to calculate the same, which is/are as follows -

Depreciation Rate = Initial Cost of The Machine/(Number of Working Hours Per Year*Amortization Period)

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