The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

Engineering Economics
The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion.

5050000

5025000

5010000

5000000

5050000

5025000

5010000

5000000

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Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

P 7,590.12

P 7,420.89

P 7,654.04

P 7,731.29

P 7,590.12

P 7,420.89

P 7,654.04

P 7,731.29

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Engineering Economics
What is the basic accounting equation?

Assets = liability + owner’s equity

Owner’s equity = assets + liability

Owner’s equity = liability – assets

Liability = assets + owners’ equity

Assets = liability + owner’s equity

Owner’s equity = assets + liability

Owner’s equity = liability – assets

Liability = assets + owners’ equity

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Engineering Economics
What is the factor name of the formula (1+i)^-n?

Single payment compound amount

Capital recovery

Uniform gradient future worth

Single payment present worth

Single payment compound amount

Capital recovery

Uniform gradient future worth

Single payment present worth

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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

1053

1033

1043

1037

1053

1033

1043

1037

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Engineering Economics
A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000.

28.33 %

30.78 %

30.12 %

29.17 %

28.33 %

30.78 %

30.12 %

29.17 %

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Engineering Economics

Engineering Economics What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

Engineering Economics What is the basic accounting equation?

Engineering Economics What is the factor name of the formula (1+i)^-n?

Engineering Economics
What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually?

Engineering Economics
What is the basic accounting equation?

Engineering Economics
What is the factor name of the formula (1+i)^-n?