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
Overhead cost
Direct production cost
Fixed expenses

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

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

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