Engineering Economics What is defined as the reduction of the value of certain natural resources such as mines, oil, timber, quarries, etc. due to the gradual extraction of its contents? Depletion Deflation Inflation Depreciation Depletion Deflation Inflation Depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the element of the cost from the following: Direct material Direct labour All of these Over head Direct material Direct labour All of these Over head 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? Interest rate Time value of money Yield Present worth factor Interest rate Time value of money Yield Present worth factor 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 1,043 1,037 1,053 1,033 1,043 1,037 1,053 1,033 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the cost of borrowing money or the amount earned by a unit principal per unit time? Economic return Rate of return Rate of interest Yield rate Economic return Rate of return Rate of interest Yield rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the present worth of cost associated with an asset for an infinite period of time? Operating cost Annual cost Increment cost Capitalized cost Operating cost Annual cost Increment cost Capitalized cost ANSWER DOWNLOAD EXAMIANS APP
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