Chemical Engineering Plant Economics
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Difference between initial cost and salvage value
Book value at the end of (n - 1)th year
Depreciation during the (n - 1)th year
Initial cost

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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
Annual sales equals the fixed cost
Total annual rate of production equals the assigned value

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