Chemical Engineering Plant Economics
Which of the following is not a component of depreciation cost?

Loss due to decrease in the demand of product
Repairs and maintenance cost
Loss due to obsolescence of the equipment
Loss due to accident/breakdown in the machinery

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Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

Total product cost = direct production cost + plant overhead cost
Manufacturing cost = direct product cost + fixed charges + plant overhead costs
General expenses = administrative expenses + distribution & marketing expenses
Total product cost = manufacturing cost + general expenses

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