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.

Overhead cost
Fixed expenses
Direct production cost
General expenses

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

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

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