Chemical Engineering Plant Economics Which of the following relationship is not correct is case of a chemical process plant? Total product cost = manufacturing cost + general expenses 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 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 ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Pick out the correct statement. Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat Difference between income and expense is termed as gross revenue Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics 'Six-tenth factor' rule is used for estimating the Utilities cost Equipment cost by scaling Cost of piping Equipment installation cost Utilities cost Equipment cost by scaling Cost of piping Equipment installation cost ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Direct costs component of the fixed capital consists of Raw material costs Labour costs Contingencies Onsite and offsite costs Raw material costs Labour costs Contingencies Onsite and offsite costs ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant. Fixed expenses Overhead cost General expenses Direct production cost Fixed expenses Overhead cost General expenses Direct production cost ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment. 34 13 4 22 34 13 4 22 ANSWER DOWNLOAD EXAMIANS APP
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