Chemical Engineering Plant Economics
Fixed charges for a chemical plant does not include the

Interest on borrowed money
Repair and maintenance charges
Rent of land and buildings
Property tax, insurance and depreciation

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Chemical Engineering Plant Economics
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Initial cost
Book value at the end of (n - 1)th year
Depreciation during the (n - 1)th year
Difference between initial cost and salvage value

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