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Chemical Engineering Plant Economics

Chemical Engineering Plant Economics
Generally, income taxes are based on the

Gross earning
Total income
Total product cost
Fixed cost

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Chemical Engineering Plant Economics
'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.

35 to 45
25 to 35
1 to 5
10 to 20

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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.

Fixed expenses
General expenses
Direct production cost
Overhead cost

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Chemical Engineering Plant Economics
The value of a property decreases __________ with time in straight line method of determining depreciation.

Logarithmically
Exponentially
Linearly
Non-linearily

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Chemical Engineering Plant Economics
Profit is equal to revenue minus

Operating cost
None of these
Total cost
Book value

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Chemical Engineering Plant Economics
Out of the following, the depreciation calculated by the __________ method is the maximum.

Sinking fund
Sum of the years digit
Diminishing balance
Straight line

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