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

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

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

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