Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. $ 5,010,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,050,000.00 $ 5,010,000.00 $ 5,025,000.00 $ 5,000,000.00 $ 5,050,000.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest? 25.8 % 23.5 % 25.0 % 24.7 % 25.8 % 23.5 % 25.0 % 24.7 % ANSWER DOWNLOAD EXAMIANS APP
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%. P1,945.64 P1,549.64 P1,345.98 P1,459.64 P1,945.64 P1,549.64 P1,345.98 P1,459.64 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,037 1,033 1,053 1,043 1,037 1,033 1,053 1,043 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. 8 years 9 years 7 eyars 10 years 8 years 9 years 7 eyars 10 years ANSWER DOWNLOAD EXAMIANS APP
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