Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

Total product cost = manufacturing cost + general expenses
Total product cost = direct production cost + plant overhead cost
Manufacturing cost = direct product cost + fixed charges + plant overhead costs
General expenses = administrative expenses + distribution & marketing expenses

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Chemical Engineering Plant Economics
Depreciation

Does figure in the calculation of income tax liability on cash flows from an investment
Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time
All of these
Costs (on annual basis) are constant when the straight line method is used for its determination

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