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.

$ 5,000,000.00

$ 5,050,000.00

$ 5,025,000.00

$ 5,010,000.00

$ 5,000,000.00

$ 5,050,000.00

$ 5,025,000.00

$ 5,010,000.00

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.0 hour per unit

1.4 hours per unit

1.2 hours per unit

1.6 hours per unit

1.0 hour per unit

1.4 hours per unit

1.2 hours per unit

1.6 hours per unit

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.

P 1,122.70

P 1,133.78

P 1,144.81

P 1,155.06

P 1,122.70

P 1,133.78

P 1,144.81

P 1,155.06

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Franchise value

Book value

Fair value

Market value

Franchise value

Book value

Fair value

Market value

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

Fixed cost

Material cost

First cost

In-place value

Fixed cost

Material cost

First cost

In-place value

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%.

P 9,228.45

P 9,250.00

P 9,308.45

P 9,358.41

P 9,228.45

P 9,250.00

P 9,308.45

P 9,358.41

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics

Engineering Economics A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.

Engineering Economics What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Engineering Economics The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.

Engineering Economics
A P 1, 000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 204. It is bought on June 21, 2001 to yield 4% interest. Find the price of the bond.

Engineering Economics
What refers to the value of an asset which a disinterested third party, different from the buyer and seller, will determine in order to establish a price acceptable to both parties?

Engineering Economics
The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ______.