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Engineering Economics

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

Supervision cost
Assembly cost
Testing cost
Inspection cost

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,000
P19,100
P19,000
P18,900

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Engineering Economics
What is the increase in the money value of a capital asset is called?

Capital stock
Profit
Capital expenditure
Capital gain

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Engineering Economics
Current assets less inventories divided by current liabilities is known as

Acid-Test (or Quick) ratio
Debts ratio
Current ratio
Liquidity ratio

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Engineering Economics
What is the factor name of the formula (1+i)^-n?

Single payment compound amount
Capital recovery
Uniform gradient future worth
Single payment present worth

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Engineering Economics
The wages of supervisors and material handlers are charged as:

None of these
Indirect labour cost
Over head
Direct labour cost

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