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Engineering Economics

Engineering Economics
The ratio obtained by dividing 'quick assets' by current liabilities is called

Acid test ratio
None of these
Turnover ratio
Solvency ratio

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Engineering Economics
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;

Sinking fund annuity
Present Worth Annuity
Capital recovery annuity
Compound annuity

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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

1,043
1,033
1,037
1,053

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Direct labour cost
None of these
Over head
Indirect labour cost

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Standard cost
Cost of goods sold
Overhead cost
Cost accounting

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Engineering Economics
Which of the following is an example of intangible asset?

Patents
Investment in subsidiary companies
Cash
Furnitures

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