Engineering Economics
The unrecovered depreciation which results due to poor estimates as to the life of the equipment is called ______.

In-place value
Economic life
Annuity
Sunk cost

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Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2,712
2,890
2.590
2,632

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Engineering Economics
Pick up the correct statement regarding financial statement analysis from the following.

All listed here
The income statement is the summary of revenues and expenses of a firm over a particular period of time
The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
Final analysis always involves the use of various financial statements i.e., balance sheet and income statement

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