Engineering Economics What is an accounting term that represents an inventory account adjustment? Cost of goods sold Cost accounting Standard cost Overhead cost Cost of goods sold Cost accounting Standard cost Overhead cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? P 2,000.00 P 2,100.00 P 2,300.00 P 2,200.00 P 2,000.00 P 2,100.00 P 2,300.00 P 2,200.00 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The declining balance method is also known as ______. Double percentage method Modified sinking fund method Constant percentage method Modified SYD method Double percentage method Modified sinking fund method Constant percentage method Modified SYD method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn? Present worth factor Yield Time value of money Interest rate Present worth factor Yield Time value of money Interest rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same. 1,120 feet 1,040 feet 1,100 feet 1,000 feet 1,120 feet 1,040 feet 1,100 feet 1,000 feet ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want? Goods Services Goods or commodities Commodities Goods Services Goods or commodities Commodities ANSWER DOWNLOAD EXAMIANS APP