Engineering Economics All are classified under direct labor expenses EXCEPT one. Which one? Testing cost Assembly cost Inspection cost Supervision cost Testing cost Assembly cost Inspection cost Supervision cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/m)n (1 + i/n)m (1 + i/n)1/m (1 + i/m)1/n (1 + i/m)n (1 + i/n)m (1 + i/n)1/m (1 + i/m)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the amount of money paid for the use of borrowed capital? Principal Interest Rate of interest Simple interest Principal Interest Rate of interest Simple interest ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 10 years 9 years 8 years 7 eyars 10 years 9 years 8 years 7 eyars ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aside from many sellers and many buyers, which one is a characteristic of perfect competition? Perfect information and absence of all economic friction Free market entry and exit All of these Homogeneous product Perfect information and absence of all economic friction Free market entry and exit All of these Homogeneous product ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Owner’s equity Net sale Quick assets Inventory turnover Owner’s equity Net sale Quick assets ANSWER DOWNLOAD EXAMIANS APP
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