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Engineering Economics

Engineering Economics
What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security?

Mall
Store
Market
Office

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Engineering Economics
Pick up the element of the cost from the following:

Over head
All of these
Direct labour
Direct material

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Engineering Economics
A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate of interest of this investment?

0.03
0.034
0.04
0.037

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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

1,053
1,043
1,037
1,033

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Engineering Economics
What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render?

Design depreciation
Demand depreciation
Physical depreciation
Functional depreciation

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Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Supervision cost
Inspection cost
Testing cost
Assembly cost

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