Chemical Engineering Plant Economics
In a manufacturing industry, break even point occurs, when the

Total annual product cost equals the total annual sales
Annual profit equals the expected value
Total annual rate of production equals the assigned value
Annual sales equals the fixed cost

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Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

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

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