Chemical Engineering Plant Economics
Payback period

Is the length of time over which the earnings on a project equals the investment
And economic life of a project are the same
All of these
Is affected by the variation in earnings after the recovery of the investment

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

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