Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Corporation Partnership Sole proprietorship Entrepreneurship Corporation Partnership Sole proprietorship Entrepreneurship ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct labour Over head Direct material All of these Direct labour Over head Direct material All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2,632 2,890 2,712 2.590 2,632 2,890 2,712 2.590 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In what method of computing depreciation where it assumes that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year? Sinking fund method Declining balance method Straight line method Sum-of-year digit method Sinking fund method Declining balance method Straight line method Sum-of-year digit method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is an accounting term that represents an inventory account adjustment? Overhead cost Cost accounting Cost of goods sold Standard cost Overhead cost Cost accounting Cost of goods sold Standard cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment? 0.04 0.03 0.037 0.034 0.04 0.03 0.037 0.034 ANSWER DOWNLOAD EXAMIANS APP