Engineering Economics In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes? Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The sunk costs include: An unrecovered balance All of these An invested capital that cannot be retrieved A past expenditure An unrecovered balance All of these An invested capital that cannot be retrieved A past expenditure ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties? Fair value Market value Franchise value Book value Fair value Market value Franchise value Book value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions All of these How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 1,033 1,053 1,043 1,037 1,033 1,053 1,043 1,037 ANSWER DOWNLOAD EXAMIANS APP