Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Value of the asset decreases linearly with time
Annual cost of depreciation is same every year
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
None of these

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

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

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