A machine was purchased on January 1, in the current year. The following information relate to the machine:
The machine is installed in a department whose monthly rent is `5,000 and this machine occupies 1/5 of the area. Total monthly lighting expenses is `4,000 for 10 light points, of which 3 relate to the machine. A supervisor with monthly salary of `16,000, devotes 1/4 of his time to this machine. Calculate machine hour rate.
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