Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer Seller Producer ANSWER DOWNLOAD EXAMIANS APP
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 1,037 1,033 1,053 1,043 1,037 1,033 1,053 1,043 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? Fair value Book value Market value Franchise value Fair value Book value Market value Franchise value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as None of these Probabilistic estimate Conceptual estimate Definitive estimate None of these Probabilistic estimate Conceptual estimate Definitive estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + interest of first cost First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance First cost + interest of first cost First cost + salvage value Annual cost – interest of first cost First cost + cost of perpetual maintenance ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______. Corporation Investors Partnership Stockholders Corporation Investors Partnership Stockholders ANSWER DOWNLOAD EXAMIANS APP
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