Chemical Engineering Plant Economics
Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.

General expenses
Fixed expenses
Overhead cost
Direct production cost

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

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

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