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Engineering Economics

Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Supervision cost
Inspection cost
Assembly cost
Testing cost

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Engineering Economics
A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10%.

P1,345.98
P1,945.64
P1,459.64
P1,549.64

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Engineering Economics
The construction manager uses the estimate of the project

To develop bids on the project
To control the project during its construction
All of these
To tell the owner of the project to take his/her financial decision

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Engineering Economics
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

P 212.90
P 231.56
P 236.20
P 222.67

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Engineering Economics
What do you call a one-time credit against taxes?

Due credit
Credible credit
Revenue credit
Tax credit

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Engineering Economics
What refers to the goods and services that are required to support human life, needs and activities?

Luxury
Consumer products
Producer products
Necessity

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