Chemical Engineering Plant Economics Pick out the correct statement. Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Difference between income and expense is termed as gross revenue Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Difference between income and expense is termed as gross revenue Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics In declining balance method of depreciation calculation, the Annual cost of depreciation is same every year Annual depreciation is the fixed percentage of the property value at the beginning of the particular year Value of the asset decreases linearly with time None of these Annual cost of depreciation is same every year Annual depreciation is the fixed percentage of the property value at the beginning of the particular year Value of the asset decreases linearly with time None of these ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics In a manufacturing industry, break even point occurs, when the Annual profit equals the expected value Total annual rate of production equals the assigned value Total annual product cost equals the total annual sales Annual sales equals the fixed cost Annual profit equals the expected value Total annual rate of production equals the assigned value Total annual product cost equals the total annual sales Annual sales equals the fixed cost ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Depreciation All of these Costs (on annual basis) are constant when the straight line method is used for its determination Does figure in the calculation of income tax liability on cash flows from an investment Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time All of these Costs (on annual basis) are constant when the straight line method is used for its determination Does figure in the calculation of income tax liability on cash flows from an investment Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a component of depreciation cost? Repairs and maintenance cost Loss due to decrease in the demand of product Loss due to accident/breakdown in the machinery Loss due to obsolescence of the equipment Repairs and maintenance cost Loss due to decrease in the demand of product Loss due to accident/breakdown in the machinery Loss due to obsolescence of the equipment ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Factory manufacturing cost is the sum of the direct production cost Plant overhead cost and administrative expenses Fixed charges and plant overhead cost None of these And plant overhead cost Plant overhead cost and administrative expenses Fixed charges and plant overhead cost None of these And plant overhead cost ANSWER DOWNLOAD EXAMIANS APP
EXAMIANS